News

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 ...
China’s top leadership could hold a meeting to discuss stablecoins by the end of this month, according to a report published ...
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 preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...
China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status ...
China is considering a shift in its digital asset policy, potentially allowing yuan-backed stablecoins to promote global ...
China may approve stablecoins backed by the yuan for trade and payments, a major policy reversal after years of crypto ...
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.
As of June, China’s yuan was the sixth most active currency for global payments by value, with a share of around 2.9%, ...
Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global ...