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China may approve yuan-backed stablecoins, signaling a major policy shift that could challenge dollar dominance and reshape ...
China is reportedly considering allowing yuan-pegged coins, but experts warn the crypto industry shouldn’t get too excited.
The State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of ...
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
As U.S.-backed stablecoins gain traction, they threaten to bypass China’s financial controls. The Chinese government is poised to counter with its own tightly regulated digital money.
China is considering a yuan-backed stablecoin to boost its global currency influence. On this week’s Byte-Sized Insight ...
Stablecoin reserves on Binance have surged by $3 billion. Meanwhile, Asia is making bold moves as the region moves ahead with ...
China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will ...
China is considering launching a yuan-backed stablecoin to strengthen the currency’s global influence. The timing aligns with ...
Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...
China's cabinet is weighing approval of a stablecoin backed by the yuan as part of a broader effort to expand the currency's ...
While stablecoins may offer new tools for advancing China’s monetary ambitions, their decentralised logic sits uneasily with ...