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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 allowing the use of yuan-backed stablecoins for the first time, in what would be a sharp reversal of its ...
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 ...
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China is considering approving yuan-backed stablecoins for the first time to boost the usage and influence of its currency globally, Reuters reported , citing unnamed people familiar with the matter.
China may approve stablecoins backed by the yuan for trade and payments, a major policy reversal after years of crypto ...
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...
Hong Kong passed a stablecoin law on August 1, trialling HKD Stablecoin in Sandbox to link digital yuan, expanding its global influence and reducing the dollar's role.
HONG KONG, Aug. 20, 2025 /PRNewswire/ -- BDIC HK LTD (a division of Blockchain Deposit Insurance Corporation) released news ...
Local currency-backed stablecoins could provide a pathway for mainland China's e-CNY - ...