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Wang Yongli, former Vice President of Bank of China, pointed out that China is accelerating the development of the digital RMB and has clarified policies to curb virtual currencies, including stablecoins, in order to safeguard the sovereignty and security of the RMB and the stability of the financial system. US dollar stablecoins account for 99% of the global market share, leaving limited opportunities for the development of non-dollar stablecoins. #数字人民币 # Stablecoin #人民币 # Virtual Currency
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