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Ex-PBOC Chief Rejects China’s Stablecoin Push, Cites Financial Risks

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August 27, 2025
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Ex-PBOC Chief Rejects China’s Stablecoin Push, Cites Financial Risks
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China’s stablecoin debate has split policymakers, with ex-central bank chief Zhou Xiaochuan warning of financial risks. Global stablecoin supply is surging, projected to reach $1.8 trillion by 2028 if current growth continues. Zhou Xiaochuan Warns Stablecoins Could Threaten China’s Financial Stability Former People’s Bank of China Governor Zhou Xiaochuan has urged caution as debate over

The post Ex-PBOC Chief Rejects China’s Stablecoin Push, Cites Financial Risks appeared first on CoinGape.

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