CICC analysis reveals why China's dominant payment systems like WeChat Pay make independent China stablecoins unnecessary.
Blockchain News

China Stablecoins: Why CICC Predicts an Unlikely Future for Independent Digital Currencies

The global conversation around digital finance often highlights stablecoins as an essential bridge between traditional fiat and the volatile world of cryptocurrencies. They promise stability, efficiency, and low-cost transactions. Yet, a recent CICC analysis delivers a striking, almost counter-intuitive perspective on the future of China stablecoins. According to China International Capital Corporation (CICC), one of […]