Circle CEO says a yuan stablecoin is plausible but rules block a won token
cryptocrypto-regulation 2 posts · 2 accounts
Jeremy Allaire said China could launch a yuan-backed stablecoin within three to five years while saying Circle will not issue a Korean won token under current rules.
From the sources (2 posts)
@theblockcoRT @ParkKunwoong: Recap: Circle’s Jeremy Allaire said the USCD issuer will NOT issue a Korean won stablecoin, citing regulatory restriction…
@cointelegraph🇨🇳 JUST IN: Circle CEO Jeremy Allaire sees a "tremendous opportunity" for a yuan-backed stablecoin, saying China could launch one within the next three to five years.