JD.com, Ant Group Push For Yuan Stablecoin Launch
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Tag: Yuan
Yuan vs. Greenback: China’s Quiet Campaign for Financial Supremacy
Chinese language authorities are ramping up efforts to reinforce the worldwide standing of the yuan and scale back reliance on ...
US Dollar Faces Test as Economist Sees Yuan, Rupee, Ruble Rising
World de-dollarization is surging as a number one economist confirms nations are accelerating the shift to native currencies, reshaping international ...
Russia–China Foreign Trade Near Dollar-Free: Almost All in Rubles, Yuan
Russia and China have almost eradicated the U.S. greenback from their bilateral commerce, conducting transactions in rubles and yuan as ...
Hong Kong pilots first-ever digital yuan payment system for cross-border transactions
The Folks’s Financial institution of China (PBoC) and the Hong Kong Financial Authority (HKMA) have taken important steps to develop ...
China’s Digital Yuan (e-CNY) Fails to Find Favor During State Employee Salary Trial: Report
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Digital Yuan Now Used to Complete Car Prepurchase Payments
The digital yuan, China’s central financial institution digital foreign money (CBDC), is getting used as a safety component in automobile ...