"China CBDC Pilot Expanded—Good or Bad for Crypto?”

China’s Digital Yuan pilot now covers 20 more cities, boosting retail CBDC adoption.

Implication: Increased government-backed digital currency use could pressure decentralized stablecoins.

USDT/USDC Flows: Tether saw a $300M net mint in the last 24h—retail still hungry for crypto-native dollar alternatives.

Stablecoin Yield: Curve pool APYs for USDC-ETH jumped to 6% as liquidity shifts.

“Is CBDC growth a threat or an on-ramp? Comment your take and tag a stablecoin lover.”