Are Israel and China Threatening the US Stablecoin Plan?

Two major economies are tightening control over digital currencies just as the US pushes to cement its leadership in the stablecoin sector. Israel is accelerating its digital shekel plans while China continues to expand the digital yuan.   These moves signal a broader global shift toward sovereign digital money that could challenge the reach and influence of US dollar–based stablecoins. Israel Tightens Rules, Advances Digital Shekel Stablecoins have become a central pillar of the digital asset market, moving well beyond their early role as a trading convenience source: https://beincrypto.com/israel-china-challenge-us-stablecoin-plan/