CZ is trending again, this time not because of an exchange, but because he proposed a bold suggestion — China should consider launching a Renminbi stablecoin.
Recently, the market was volatile, and I casually added some $BNB . I didn't expect that today two news pieces about CZ would flood the screens: first, he said that after being pardoned, he would focus on the investment layout of YZI Labs (formerly Binance Labs) and would not immediately return to Binance; second, he is now invited by multiple countries to serve as a government-level crypto advisor, truly stepping into the 'political advisory circle'.
Even more eye-catching is that he publicly stated — China should seriously consider the application of a Renminbi stablecoin.
This topic is indeed quite thought-provoking. Given CZ's current influence, he doesn't say this lightly. However, if it is to be implemented in China, the difficulty is likely considerable. Policies, regulations, and the international environment all need to align; it’s not something that can be accomplished with just a slogan.
That said, once the Renminbi stablecoin takes shape, its influence will definitely rival that of the digital dollar. If it can gradually advance within a compliant framework, it might really open a new chapter in the global payment system.
What do you think? Will the Renminbi version of USDT really make an appearance one day?
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