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

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

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

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

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

China’s top leadership could hold a meeting to discuss stablecoins by the end of this month, according to a report published ...

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

Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains ...

As of June, China’s yuan was the sixth most active currency for global payments by value, with a share of around 2.9%, ...

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

Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global ...