Latest News and Articles about Yuan Stablecoins
China’s Crypto Shift? Shanghai Hosts Rare Digital Currency Talks Amid Bitcoin Boom
Is China Rethinking Its Crypto Crackdown? Shanghai Hosts Unexpected Digital Currency Talks Could China, once the arch-nemesis of Bitcoin and decentralized finance, be inching toward a change of heart? In a surprising development, the Shanghai State-owned Assets Supervision and Administration Commission (SASAC) recently held a rare meeting to discuss stablecoin and digital currency policies, sparking […]
Read MoreChina’s FOMO Fuels Yuan Stablecoin Push as Dollar Stablecoins Hit $261B
China’s FOMO Grips Tight as Dollar-Pegged Stablecoins Surge to $261 Billion China is staring down a digital currency juggernaut as dollar-pegged stablecoins dominate a $261 billion market, with the U.S. cementing its lead through bold regulatory moves. Beijing’s fear of missing out is deafening, with state media pushing for yuan-backed stablecoins to challenge the greenback’s […]
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