A report from Reuters suggests China is eyeing yuan-pegged stablecoins as a tool for internationalization.



This aligns with efforts to counter the overwhelming presence of US dollar stablecoins, which dominate the $265 billion market.

Hong Kong’s new regulatory framework could serve as a sandbox for these stablecoins, potentially linking the digital yuan to global assets.

This move might reshape cross-border financial dynamics significantly.

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GateUser-fe2d8cb5vip
· 08-21 15:16
HODL Tight 💪
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