China could benefit from yuan stablecoin over its CBDC – Circle CEO Post author:MiamiCrypto Post published:July 11, 2023 Post category:CBDC / China / Circle / e-CNY / Jeremy Allaire / renminbi / Stablecoin China may have banned the use of cryptocurrencies but stablecoins might have a role to play in the proliferation of its national currency. You Might Also Like Global Dollar (USDG) Stablecoin Launches in the European Union July 1, 2025 More than 2.6 million users signed up for the City of Shenzhen’s digital yuan airdrop July 14, 2022 Trace Finance raises $32M for cross-border stablecoin settlement expansion June 17, 2026