US EditionChina Pays Interest on Stablecoins While US Debates, Coinbase Warns—Is America Handing Crypto Dominance Away?
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9 Articles
China's Decision To Pay Interest On Digital Yuan Gives Them Competitive Advantage Over The US, Says Brian Armstrong: 'Rewards Benefit Ordinary People'
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong expressed concerns on Wednesday over the competitiveness of dollar-pegged stablecoins in light of China’s decision to pay interest on its central bank digital currency. Armstrong Questions Policymakers In an X post, Armstrong argued that China’s move to pay interest on its official digital currency, Digital Yuan, gives it a “competitive advantage.” “Rewards [or even paying interest] benefits…
China has initiated a structural change in its digital yuan by allowing it to generate interest. The measure, which came into effect on January 1, 2026, seeks to boost the adoption of CBDC and reformulate its role in the financial system. *** China will allow to pay interest on the holdings of the digital yuan through commercial banks. CBDC moves from digital cash to digital deposit currency under the supervision of the People’s Bank of China. A…
China, with its digital yuan, is attracting users with a savings method that deals a significant blow to the United States. Read more
China Pays Interest on Digital Yuan, Coinbase CEO Warns U.S. Is Falling Behind
Armstrong warns stablecoin reward bans could hurt U.S. payment competitiveness. China will pay interest on digital yuan starting January 2026. Crypto users say China’s move pressures U.S. regulators to act. Coinbase chief executive Brian Armstrong has warned that blocking rewards on stablecoins could put the United States at a disadvantage just as other countries move faster to modernize their payment systems. Armstrong pointed to China’s recent…
China pays interest on digital yuan affecting competitiveness of United States dollar stablecoins - The Cryptocurrency Post
China authorized its commercial banks to pay interest on the digital yuan starting January 1 of this year. According to Coinbase CEO Brian Armstrong, this decision severely impacts the competitiveness of United States dollar stablecoins. The official source highlighted that this change seeks to better integrate the central digital currency into the banks’ financial balances. Chinese commercial banks now have permission to remunerate the balances…
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Cryptocurrency News | Cryptocurrency Prices | Market CapChina Pays Interest on Stablecoins While US Debates, Coinbase Warns—Is America Handing Crypto Dominance Away?
The post China Pays Interest on Stablecoins While US Debates, Coinbase Warns—Is America Handing Crypto Dominance Away? appeared on BitcoinEthereumNews.com. China’s decision to pay interest on its digital yuan sharpens the global race for digital money, raising fears that stalled U.S. policy could weaken stablecoins, payments dominance, and competitiveness as incentives reshape adoption and cross-border finance. China’s Digital Yuan Strategy Rais…
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