China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

While China continues expanding its central bank digital currency (CBDC) project as part of a broader de-dollarization push, its efforts are unlikely to challenge the dollar’s global dominance, ...

JD.com and Ant Group lobby China’s central bank to approve offshore yuan stablecoins, boosting yuan’s role in global payments ...

Despite China’s ambition to challenge the dominance of U.S.-backed stablecoins, catching up will be no easy feat though.

China faces growing calls from policy advisers and economists to explore using stablecoins for cross-border payments, as the ...

China eyes a yuan stablecoin to counter dollar tokens. JD.com and Ant Group back offshore plans via Hong Kong for wider ...

JD.com y Ant Group quieren que el banco central de China apruebe las stablecoins en yuanes offshore en Hong Kong.

From supermarkets to cafés and public transportation, everyday payments are made using WeChat or Alipay, two apps that have ...

Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...

BEIJING] China’s tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based ...