China, one of the most restrictive global jurisdictions for cryptocurrencies, is reportedly considering allowing Chinese yuan-backed stablecoins in what would be a major policy reversal. Chinese authorities may authorize yuan-backed stablecoins for the first time to promote global use of its currency.
~This episode is sponsored by iTrust Capital & SALT~
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00:00 intro
00:07 Sponsor: iTrust Capital
00:37 China Considers Stablecoin
01:27 China Economy Slowing
02:15 Merchant Bank $Trllions
02:39 Stablecoins is The Top Narrative
03:00 Digital Yuan vs Stablecoins
03:24 Wyoming Stablecoin Launches?
04:45 Banks vs Stablecoins
05:19 Yuan vs US Dollar
06:05 Stablecoins vs China
07:35 Tariffs Hurt Consumers
08:09 Arthur Hayes: Scott Bessent Treasury Plan
09:38 Sponsor: SALT
10:13 Japan Stablecoin Launching
10:39 Japan Taking A Different Approach
11:53 JPYC Launching on Polygon & Avalanche
12:30 Scaramucci Tokenizing on Avalanche
13:24 outro
#Crypto #Bitcoin #Ethereum
~China Panics and Considers Stablecoins!?🔥Trillions Incoming🚀~
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