{"id":135880,"date":"2025-09-04T22:00:12","date_gmt":"2025-09-04T22:00:12","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=135880"},"modified":"2025-09-04T22:00:12","modified_gmt":"2025-09-04T22:00:12","slug":"chinas-stablecoin-bind-why-us-dollar-tokens-matter-and-how-beijing-may-respond","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=135880","title":{"rendered":"China\u2019s stablecoin bind: why US dollar tokens matter \u2013 and how Beijing may respond"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostOnce a niche corner of the cryptocurrency world, stablecoins have surged into the global spotlight this year, prompting analysts and industry insiders to declare that the digital asset\u2019s time has come.<br \/>\nIn July, US President Donald Trump signed the GENIUS Act into law, establishing the first federal regulatory regime for stablecoins \u2013 a move many believe could pave the way for mass-market adoption.<br \/>\nShortly after, Hong Kong introduced its own ordinance, which took effect on August 1, requiring&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3324322\/chinas-stablecoin-dilemma-why-us-dollar-tokens-matter-and-how-beijing-might-respond?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostOnce a niche corner of the cryptocurrency world, stablecoins have surged into the global spotlight this year, prompting analysts and industry insiders to declare&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/135880"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135880"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/135880\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135880"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}