
Yuan
China, S.Korea roll out stablecoins; Italy flags issuance risk
AnchorX launched the first yuan-backed stablecoin, AxCNH, to target cross-border payments, tokenization, and to counter dollar-backed stablecoin dominance.
China eyes stablecoins to boost ‘yuan internationalization’
China explores yuan stablecoins to push its currency globally, while the EU races to launch a digital euro and protect...
EU irked by US dollar stablecoins, China stifles stable talk
Dollar-backed stablecoins are weakening the EU’s control over the euro, while China’s offshore yuan token hopes to grow its currency...
BRICS vs. USD: How blockchain can create prosperity, peace
The dominance of USD is facing competition from BRICS, an intergovernmental organization that accounts for 35% of global GDP, and...
Hong Kong Chamber of Commerce calls for stablecoin issuance
The HKGCC made the suggestions in a Budget Submission to the Office of the Financial Secretary, calling for the rollout...
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