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by: xpoolPosted on: August 27, 2025

Zhou Xiaochuan Warns Against Stablecoin Adoption in China

China’s former central bank governor, Zhou Xiaochuan, has voiced strong concerns about the growing acceptance of stablecoins within the country. He believes these fiat-pegged tokens could disrupt China’s already robust financial system and undermine its existing payment infrastructure.

Related posts:

  1. China Pushes Yuan-Backed Stablecoins for Global Currency Expansion
  2. China Considers Yuan-Backed Stablecoin: Potential Impact on Global Fintech Landscape
  3. BDIC HK LTD Launches StableCover Pro: Institutional-Grade Coverage for Stablecoins
  4. China to Consider Yuan-Backed Stablecoins: Major Policy Shift
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