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

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 preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...

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

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

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

China is reportedly set to review and possibly approve the issuance of Yuan stablecoins to boost global adoption and compete ...

China is considering approving yuan-backed stablecoins for the first time to boost the usage and influence of its currency globally, Reuters reported , citing unnamed people familiar with the matter.

China plans to lift its crypto ban and explore Yuan-backed stablecoins. This move aims to boost the yuan's global use amid US dollar dominance.