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 ...

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

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 ...

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

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 is mulling the release of yuan-backed stablecoins to boost global use of its currency, according to a report from ...