Chinese blockchain developer Conflux has rolled out the third iteration of its public network and announced plans for a stablecoin pegged to the offshore Chinese yuan. Based on a Shanghai municipal ...

China’s JD.com and Ant Group are pressing the central bank to permit yuan-based stablecoins to counter the rise of U.S. dollar-linked digital currencies, Reuters reported on Friday. They propose ...

Chinese investors and trading companies boosted their use of the yuan in international settlements to a record last month as the dollar’s global allure dimmed and Sino-US trade tensions escalated.

Circle Ventures, the venture arm of the USDC issuer Circle, has invested in an offshore Chinese yuan-backed stablecoin project, CNHC. It’s hard to overlook the timing and strategic significance of the ...

A deputy at the National People’s Congress, Fu Xiguo, submitted a formal request during the 2026 sessions to officially declare the digital yuan as legal ...