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Global use of Libra, other stable coins could curb yuan's internationalization: PBOC

Global use of Libra, other stable coins could curb yuan's internationalization: PBOC

4 years ago
Anonymous $9ruWwTnhZq

https://www.reuters.com/article/us-china-economy-libra/global-use-of-libra-other-stable-coins-could-curb-yuans-internationalization-pboc-idUSKBN1YR19S

The global use of Facebook's Libra and other stable coins could curb the Chinese yuan's international development, the official Xinhua news reported on Monday, citing the central bank's vice governor Chen Yulu.