China Industrial Bank Fast-Tracks AI-Driven Stablecoin Plan Amid Dollar Dominance Threat

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Key Takeaways: Industrial Bank links stablecoin research with AI under China’s digital finance agenda. Zhu Guangyao calls dollar stablecoins a new Bretton Woods mechanism. Stablecoin infrastructure may become central to Belt and Road trade integration. China Industrial Bank will prioritize research into stablecoins and expand its “AI+” initiative, according to a report published by Shanghai Securities News . At its mid-year work conference, the bank outlined plans to accelerate the shift from a ...