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The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
Hong Kong dollar stablecoins can help mainland China’s only legal digital currency better position itself globally.
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.
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...
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 use of yuan-backed stablecoins for the first time, in what would be a sharp reversal of its ...
China may approve stablecoins backed by the yuan for trade and payments, a major policy reversal after years of crypto ...
Once limited to crypto trading, stablecoins are now used for payments and dollar access worldwide, pushing them into ...
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...