China Eyes Yuan-Backed Stablecoins to Challenge Dollar Dominance

China is considering yuan-backed stablecoins arsenic portion of a caller planetary strategy, signaling a large argumentation displacement connected integer assets. The determination could reshape cross-border concern but faces hurdles from superior controls. State Council of China to Review Stablecoin Roadmap Amid Dollar Pressure China is weighing the motorboat of yuan-backed stablecoins successful a bid to […]