China's digital yuan will not topple the dollar, SEC official says

China's planned digital yuan will not dethrone the dollar, a top Securities and Exchange Commission official said on Thursday, citing the growth of so-called stablecoins backed by the greenback.
Read more: https://www.reuters.com/technology/chinas-digital-yuan-will-not-topple-dollar-sec-official-says-2021-04-29/?source=Snapzu