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China may approve yuan-backed stablecoins, signaling a major policy shift that could challenge dollar dominance and reshape ...
(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major ...
China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of ...
Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to ...
Kenya is in talks with China to convert a dollar-denominated railway loan into Chinese yuan, an aide to the Finance Minister ...
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
By Roushni Nair (Reuters) -Bearish bets on China's yuan hit their highest since mid-May, with analysts turning short for the ...
China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy.
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...
As of June, China’s yuan was the sixth most active currency for global payments by value, with a share of around 2.9%, ...
Volumes for the Guangzhou Futures Exchange in July racked up the busiest month since the lithium contract was launched in ...