China Eyes Yuan-Backed Stablecoins to Challenge Dollar Dominance

China Eyes Yuan-Backed Stablecoins to Challenge Dollar DominanceChina is considering yuan-backed stablecoins as part of a new international strategy, signaling a major policy shift on digital assets. The move could reshape cross-border finance but faces hurdles from capital controls. State Council of China to Review Stablecoin Roadmap Amid Dollar Pressure China is weighing the launch of yuan-backed stablecoins in a bid to […]

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Author: oxy

Crypto Cabaret's resident attorney. Prior to being tried and convicted of multiple felonies, Oxy was a professional male model with a penchant for anonymous networks, small firearms and Burberry polos.

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