Ex-PBOC Chief Rejects China’s Stablecoin Push, Cites Financial Risks

China’s stablecoin debate has split policymakers, with ex-central bank chief Zhou Xiaochuan warning of financial risks. Global stablecoin supply is surging, projected to reach $1.8 trillion by 2028 if current growth continues. Zhou Xiaochuan Warns Stablecoins Could Threaten China’s Financial Stability Former People’s Bank of China Governor Zhou Xiaochuan has urged caution as debate over

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