As of June, China’s yuan was the sixth most active currency for global payments by value, with a share of around 2.9%, according to Swift’s RMB Tracker. As reported, in June, mainland China had been ...

Two prominent crypto groups are accusing banks of attempting to “relitigate” issues within the stablecoin bill that President Trump signed into law last month. The Crypto Council for ...

The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of ...

China's cabinet is weighing approval of a stablecoin backed by the yuan as part of a broader effort to expand the currency's global use and bolster its role in international markets, according to a ...

U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will ...

U.S. Treasury Secretary Scott Bessent’s comments on stablecoins suggest a push toward CBDCs tied to U.S. Treasuries.

China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...

China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...

China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time, as per a latest Reuters ...

China is reportedly getting closer to deciding whether it will allow the use of yuan-backed stablecoins for the first time.