Cryptopolitan on MSN13d
China urges expansion of digital yuan usage beyond retail to challenge U.S. dollar stablecoins
China is increasing its efforts to strengthen its digital yuan. It aims to challenge US dollar-pegged stablecoins in world ...
The Daily Hodl11d
China Looking To Expand Range of Digital Yuan Amid Potential Monopoly of US Dollar-Pegged Stablecoins: Report
The deputy director of China's National Laboratory of Finance and Development reportedly says that the country should expand ...
CCN on MSN13d
China Sees Dollar Stablecoins as Threat, Calls for Digital Yuan To Rival US
China’s Communist Party sees U.S. dollar stablecoins as a growing global threat. A government report urges expanding digital ...
China.org.cn7d
China's digital industry grows 5.5% in 2024
The report showed that in 2024, China's digital industry generated 35 trillion yuan ($4.8 trillion) in business revenue, up 5.5% year on year. Profits rose 3.5% to 2.7 trillion yuan. The sector ...
BeInCrypto10d
How Stablecoins Are Strengthening the US Dollar – And Why China Is Worried
Stablecoin market cap reached $240 billion, with USDT and USDC dominating. China pushes e-CNY adoption to counter US dollar influence.
China Daily13d
China's subsidy program spurs digital product consumption
Shoppers browse digital products offering trade-in subsidies at a store in Hefei, Anhui province. CHEN SANHU/FOR CHINA DAILY ...