I think you have a bit of a misunderstanding about the requirements! The purpose of everyone exchanging USDT for CNY is to be able to use domestic bank cards for consumption within the country, and your plan doesn't seem to allow for that. Secondly, if you really want to peg it, you can refer to how the Hong Kong dollar is pegged to the US dollar, which requires using US dollars as reserves.
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币游之地
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I have been thinking, can we anchor USDT, USDC, and other stablecoins to issue a decentralized CNY? If we can anchor it, we wouldn't need to go through any domestic banks' RMB for reserves, and we could conduct all transactions using CNY. Let the domestic banks freeze cards and go to hell; the people who are worried about gold and panic, afraid of card freezes, afraid of being implicated, just don't let people trade coins with peace of mind.
There will definitely be opportunities in the future, don't force yourself into it!
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Crypto阿七
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I personally think $PEPE has room for growth in the long term
1. As a leading meme, it has a leading effect in meme studies
2. If Pepe cooperates with the leading meme later, it may rise again
3. It is worth noting that Pepe may rise very high in a bull market, but may fall a lot in a bear market
I have written down the history of Pepe's pull-up, which does not constitute any investment advice! #BTC00929
For the next layout direction, I will lead everyone to aim at the profit opportunities of copycats, especially those with great potential. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market and seize the opportunity together! $PEPE #PEPE市值新高 #Meme齐涨
$BOME not recommended, Binance holds nearly 60% of the tokens, which is too centralized. In contrast, the Binance Chain address $WIF b has only about 10%.
Share your views on uni, welcome to discuss The uni community has rejected the proposal to distribute transaction fees to uni holders. It is normal to think carefully, because it is necessary to avoid uni being judged as a security by SEC! How to solve this problem? The uniswap community should learn from the practices of centralized exchanges, use the fees to repurchase uni, and then put it into a black hole, so as to increase the value of uni, so as to avoid being identified as a security and allow uni holders to profit
Share a grayscale Ethe discount indicator. The discount indicator has increased recently, and the outside world’s expectations for the adoption of Ethereum spot ETFs are decreasing.
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