TheStreet. China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time, as per the latest Reuters report. The step would mark a major reversal in the country's ...

Core Foundation, the body responsible for transforming Core, into a yield-generating asset, will widen its strategic alliance ...

China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...

The State Council of China is reportedly looking to approve a proposal to allow the use of stablecoins backed by the Chinese Yuan.

China plans to lift its crypto ban and explore Yuan-backed stablecoins. This move aims to boost the yuan's global use amid US dollar dominance.

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

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.