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The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...
China's cabinet is weighing approval of a stablecoin backed by the yuan as part of a broader effort to expand the currency's ...
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 may approve stablecoins backed by the yuan for trade and payments, a major policy reversal after years of crypto ...
China is considering allowing the use of yuan-backed stablecoins for the first time, in what would be a sharp reversal of its ...
Hong Kong dollar stablecoins can help mainland China’s only legal digital currency better position itself globally.
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...
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 mulling the release of yuan-backed stablecoins to boost global use of its currency, according to a report from ...