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China Pays Interest on Stablecoins While US Debates, Coinbase Warns—Is America Handing Crypto Dominance Away?

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China Pays Interest on Stablecoins While US Debates, Coinbase Warns—Is America Handing Crypto Dominance Away?
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TL;DR:

China’s decision to pay interest on its digital yuan sharpens the global race for digital money, raising fears that stalled U. S.

Key Points:

  • China Pays Interest on Stablecoins While US Debates, Coinbase Warns—Is America Handing Crypto Dominance Away?
  • Background:

    Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

    Why It Matters:

    This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.