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Kenya is in talks with China to convert a dollar-denominated railway loan into Chinese yuan, an aide to the Finance Minister ...
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Buckle Up Dollar Bulls, China Is Reportedly Considering Its Own Yuan-Linked Stablecoins
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
May, with analysts turning short for the first time amid mounting concerns over the economy, a Reuters poll showed on Thursday.
The lion’s share of yuan transactions take place in Hong Kong. The U.S. dollar’s share as a global payment currency was over ...
China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...
China is said to be likely to discuss expanding the use of yuan and stablecoins for cross-border trade and payments at 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.
Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global ...
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 ...
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China is weighing approval of yuan-backed stablecoins to expand global currency influence, aiming to counter the dominance of US dollar tokens.
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