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China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...
China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of ...
China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy.
Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to ...
Kenya is in talks with China to convert a dollar-denominated railway loan into Chinese yuan, an aide to the Finance Minister ...
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
By Roushni Nair (Reuters) -Bearish bets on China's yuan hit their highest since mid-May, with analysts turning short for the ...
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.
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.
New yuan loans fell in July, sending yet another sign of weak demand in the Chinese economy despite Beijing’s efforts to ...
"In the short term, AI will not fully offset advertising headwinds," said Eric Shen, analyst at consultancy Third Bridge.