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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 has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status ...
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...
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 weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.
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%, ...
In a major reversal of its stance towards digital assets, China’s State Council plans to approve new yuan internationalisation plan later this month ...
China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...
China is mulling the release of yuan-backed stablecoins to boost global use of its currency, according to a report from ...