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

China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status ...

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

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 might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will ...

There’s a quiet change sweeping China’s economy. The Asian giant is slowly but steadily pushing forward with digital currencies — there are reports that it is even considering a yuan-pegged stablecoin ...

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 ...

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

Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global ...

China launched its own digital yuan, the e-CNY issued by its central bank, on a trial basis in 2019.View on euronews ...