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

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

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

China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...

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.

China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.

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

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

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 may approve stablecoins backed by the yuan for trade and payments, a major policy reversal after years of crypto ...

The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...