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Alek Carter
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💥BREAKING: 🇨🇳 CHINA IS CONSIDERING ALLOWING YUAN-BACKED STABLECOINS TO BOOST YUAN INTERNATIONALIZATION.
CHINA IS STARTING TO FOMO!
#china
#PowellWatch
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#ZEC /USDT ANALYSIS ZEC is rebounding from the support trendline of the falling wedge pattern. Both the 100MA and 200MA are acting as resistance barriers above the pattern. A solid breakout followed by a successful retest would confirm a bullish trend. Keep a close eye on it. #MarketPullback
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Reuters: China may allow yuan-backed stablecoins for the first time, with a roadmap under review and Hong Kong, Shanghai leading rollout. Use cases include cross-border trade and payments. #china
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First U.S. government-issued stablecoin goes live in Wyoming Wyoming has introduced FRNT, a stablecoin pegged to the dollar and secured by short-term Treasuries plus a 2% buffer. The token is already live on major chains like Ethereum, Solana, and Avalanche. Retail sales will follow after compliance checks, starting via Kraken and Visa Rain cards. #MarketPullback #PowellWatch
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