China’s Crypto Could Become a Global Reserve Currency: Circle CEO

Circle CEO Jeremy Allaire believes that China’s developing “cryptocurrency” could propel the yuan to worldwide renown as a global reserve currency. Speaking to CNBC’s Squawk Box, Allaire highlighted the budding prospects of the central bank digital currency (CBDC), suggesting that it could act as the “mechanism” for worldwide adoption of the yuan. “I look at […]

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China’s Crypto Could Become a Global Reserve Currency: Circle CEO written by Will Heasman @ https://www.ccn.com/chinas-crypto-could-become-a-global-reserve-currency-circle-ceo/ September 13, 2019 Will Heasman

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