🚨💴 Why did China actually stop Stablecoins? The real reason that no one is talking about!
A lot of news has spread… but it's the first time a former senior official at the People's Bank of China has clarified the full picture. This information is serious and important for anyone in the crypto world! 👇🔥
🇨🇳 1 — Dollar dominance reached 99%
USDT and USDC have almost completely dominated the market.
Any Stablecoin in yuan will just be a follower of the dollar… and this directly threatens China's financial sovereignty.
💴 2 — China doesn't need Stablecoin… it has its "secret weapon"
Digital RMB
Ready – fast – secure – regulated – can operate across borders.
China sees that the future is not Stablecoins…
The future = a fully controlled national digital currency.
🔐 3 — financial security above all else
Stablecoins open doors for smuggling – money laundering – unregulated flows.
China completely closed the door… before a crisis occurs.
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🎯 But what about us as users?
✔️ In the short term: Difficulty using USDT within China
✔️ In the long term: If the digital yuan spreads internationally?
Fees will decrease – transfers will become easier – and reliance will increase.
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🚀 Summary:
China is not fighting crypto…
China is fighting the dominance of the dollar and reshaping the map of money globally.
Discussion question:
If given the choice… would you choose Stablecoins or a government digital currency like e-CNY? 🤔
#Stablecoins #China #DigitalYuan #CryptoNews
