China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...

The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...

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 ...

China is considering yuan-backed stablecoins to boost global use of its currency, marking a major policy shift from its crypto ban. Hong Kong, Shanghai to lead rollout.

A stablecoin is a type of cryptocurrency that tries to keep its price stable by being pegged to a fiat currency like the U.S. dollar or a commodity like gold. China's cabinet could review and approve ...

China is considering allowing the use of yuan-backed stablecoins for the first time, in what would be a sharp reversal of its ...

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 ...

China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...

China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...

Hong Kong dollar stablecoins can help mainland China’s only legal digital currency better position itself globally.