Circle CEO sees ‘tremendous opportunity’ for yuan stablecoin despite China curbs

Apr 16, 2026 - 05:00
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Circle CEO sees ‘tremendous opportunity’ for yuan stablecoin despite China curbs

Circle CEO sees ‘tremendous opportunity’ for yuan stablecoin despite China curbs

Circle’s Jeremy Allaire sees “tremendous” room for a yuan stablecoin, despite China banning most private yuan tokens and pushing its CBDC to challenge US dollar stablecoins.

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