The $308 billion question: Can stablecoins thrive amid China ban?

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Oluwapelumi Adejumo

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Mentions

People	Pan Gongsheng, Chris Dixon
Organizations	People's Bank of China (PBOC), a16z, JPYC inc., PayPal, Western Union

Code	Name
CN	🇨🇳China
US	🇺🇸United States

Target	Sentiment	Comment
Stablecoins	Bullish	Stablecoins have achieved significant adoption and transaction volumes despite regulatory challenges.
🇨🇳 China	Bearish	China's restrictive policies on stablecoins limit their growth potential in a major fintech market.