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Exclusive-China Considering Yuan-Backed Stablecoins to Boost Global Currency Usage, Sources Say
China has long aspired for the yuan to achieve global currency status, akin to the dollar or euro, reflecting its weight as ...
The stablecoin market is worth about $250bn, according to research from the Federal Reserve Bank of Kansas City — tiny ...
This space is indeed emerging. Stablecoins have existed for years, but they lacked regulatory clarity. This all changed with ...
Fiat-collateralized stablecoins represent a type of stablecoin whose stability is based on the reality that they are ...
Crypto-collateralized stablecoins are stablecoins collateralized by another cryptocurrency rather than fiat currency. In ...
Circle’s USDC hits $65B supply, up 90% YoY, fueled by DeFi adoption, cross-border payments, and regulatory clarity under the 2025 GENIUS Act.
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...
Hong Kong dollar stablecoins can help mainland China’s only legal digital currency better position itself globally.
China is reportedly set to review and possibly approve the issuance of Yuan stablecoins to boost global adoption and compete ...
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 ...
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