Dollar-backed stablecoins are issued on a public, permissionless blockchain, and they have the American values of freedom and openness, unlike China’s digital financial infrastructure. 

The Hoover Institution’s report titled, “Digital Currencies: The U.S., China, And The World At A Crossroads,” highlights China’s first mover advantage with the launch of its central bank digital currency and its impact on global rules and standards for digital finance.

 tôi cũng có thắc mắc này! 😎 Fabulous!