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 ...

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 ...

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

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%, ...

China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...

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

The State Council - China's cabinet - will review and possibly approve a roadmap later this month for the greater usage of the currency globally, including catching up with a U.S. push on stablecoins, ...