China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...

China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of ...

Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global ...

Critics of stablecoins say that since they are essentially a proxy for ordinary currencies that can bypass banking systems ...

China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will ...

China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...

China launched its own digital yuan, the e-CNY issued by its central bank, on a trial basis in 2019.View on euronews ...

Hong Kong and Shanghai will be the main centers to streamline the implementation of the stablecoin plan. As per DeFiLlama, the total stablecoin market is worth more than $275 billion at the time of ...

China is considering a shift in its digital asset policy, potentially allowing yuan-backed stablecoins to promote global ...

China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...

As of June, China’s yuan was the sixth most active currency for global payments by value, with a share of around 2.9%, ...

China may approve stablecoins backed by the yuan for trade and payments, a major policy reversal after years of crypto ...