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China's State Council to approve new yuan internationalisation plan later this month-sources Yuan-backed stablecoins seen as ...
Stablecoins can enhance transaction efficiency and interoperability across blockchains, TradFi-DeFi, and jurisdictions. As these coins transition to a medium of exchange in 2025, there are emerging ...
Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), predicted Wednesday that Bitcoin (CRYPTO: BTC) could hit $1 ...
Critics of stablecoins say that since they are essentially a proxy for ordinary currencies that can bypass banking systems ...
Most recently, China stepped up its efforts to make the Chinese yuan ... and the Council is also looking at allowing the ...
May, with analysts turning short for the first time amid mounting concerns over the economy, a Reuters poll showed on Thursday. China's economy lost steam in July, with retail sales rising just 3.7% ...