News

China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.
Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global ...
China is weighing approval of yuan-backed stablecoins to expand global currency influence, aiming to counter the dominance of US dollar tokens.
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 ...
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 is considering a shift in its digital asset policy, potentially allowing yuan-backed stablecoins to promote global ...
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
China is mulling the release of yuan-backed stablecoins to boost global use of its currency, according to a report from ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...
China is considering allowing the use of yuan-backed stablecoins, in a move that would represent a reversal in its stance on digital assets, according to a Reuters report citing people familiar with ...
China launched its own digital yuan, the e-CNY issued by its central bank, on a trial basis in 2019.View on euronews ...