China’s interest-bearing digital yuan piles pressure on US stablecoin rules

China’s move to pay interest on the digital yuan is colliding with the GENIUS Act’s ban on stablecoin yield, intensifying questions over whether US digital dollars can stay competitive. source: https://cointelegraph.com/news/china-digital-yuan-pressure-us-stablecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound