China may approve yuan-backed stablecoins to boost global currency use, reversing its crypto ban and challenging dollar dominance.

MetaMask has launched MetaMask USD ($mUSD), a wallet-native stablecoin, as stablecoin adoption surges with USDT and USDC dominance.

From why China might be considering the use of yuan-backed stablecoins, to the latest Russia-related sanctions imposed by ...

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Let us remind you that in 2021, China banned the trading and mining of cryptocurrencies, considering them dangerous for the stability of the financial system.

Bitget CEO Gracy Chen says tokenization of real-world assets can reshape capital flows, but regulatory clarity and infrastructure must improve.

China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status ...

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

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

Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a Reuters report signalled ...

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