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

The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...

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

Talk of a State Council plan on yuan internationalisation fuels speculation, as Hong Kong rolls out stablecoin rules and the U.S. pushes ahead with crypto laws.

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

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

Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a Reuters report signalled ...

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

China is weighing approval of yuan-backed stablecoins to expand global currency influence, aiming to counter the dominance of US dollar tokens.

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

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