First Chinese CNH stablecoin debuts as global race heats up

Governments around the world are exploring and launching stablecoins to remain competitive against dollar-pegged digital fiat tokens.
Source: First Chinese CNH stablecoin debuts as global race heats up (https://cointelegraph.com/news/first-chinese-stablecoin-debut-race-heats-up?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)