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China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.
One interesting snippet for FX markets in those FOMC minutes were remarks that the available data showed 'relative stability' ...
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 reversal of ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...