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    China Pushes Digital Yuan for Wage Payments in Changshu

    China Pushes Digital Yuan for Wage Payments in Changshu

    Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital...
    Stablecoins must be programmable to counter CBDCs

    Stablecoins must be programmable to counter CBDCs

    When it comes to providing stable value, stablecoins and central bank digital currencies (CBDCs) appear to serve two sides of the same proverbial coin. Crypto stable assets, however, can provide entirely different use cases — and CBDCs simply cannot compete. The key...
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