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

As U.S.-backed stablecoins gain traction, they threaten to bypass China’s financial controls. The Chinese government is poised to counter with its own tightly regulated digital money.

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

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

China might permit yuan-backed stablecoins. This move aims to enhance the yuan's global presence. The State Council will ...

The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...

USDT news as China’s stablecoin crackdown impacts XRP and traders shift to regulation-friendly altcoins like MAGACOIN Finance ...

Hong Kong dollar stablecoins can help mainland China’s only legal digital currency better position itself globally.