China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.

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

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 ...

China is reportedly exploring the introduction of a yuan-backed stablecoin, according to sources cited by Reuters. If ...

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 ...

Critics of stablecoins say that since they are essentially a proxy for ordinary currencies that can bypass banking systems ...

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

China is considering a shift in its digital asset policy, potentially allowing yuan-backed stablecoins to promote global ...

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 ...