China's Push for Yuan-Backed Stablecoin Could Disrupt Traditional Finance and U.S. Hegemony

Retrieved on: 2025-08-21 16:37:41

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Stablecoins

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Cryptocurrencies

Circle Internet Group

Tether

US Dollar/Chinese Renminbi FX Spot Rate, FX Spot Rate, THOMSON REUTERS

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Chinese Yuan Renminbi

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China's Push for Yuan-Backed Stablecoin Could Disrupt Traditional Finance and U.S. Hegemony. View article details on hiswai:

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Tech giants like JD.com and Ant Group are pushing for yuan stablecoins, seeing them as a tool to enhance cross-border payments and compete with U.S. ...

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