The ETFs, launched by MicroBit Capital Management, track the US dollar prices of their underlying cryptocurrencies – bitcoin and ether.

Core Foundation, the body responsible for transforming Core, into a yield-generating asset, will widen its strategic alliance ...

China may approve yuan-backed stablecoins to expand global yuan use, marking a major policy shift after banning crypto in 2021.

Circle Internet Group's (CRCL) meteoric rise since its June IPO has been nothing short of spectacular, with shares ...

China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...

The State Council of China is reportedly looking to approve a proposal to allow the use of stablecoins backed by the Chinese Yuan.

China plans to lift its crypto ban and explore Yuan-backed stablecoins. This move aims to boost the yuan's global use amid US dollar dominance.

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China is considering allowing the use of yuan-backed stablecoins for the first time, in what would be a sharp reversal of its ...

Hong Kong and Shanghai will be the main centers to streamline the implementation of the stablecoin plan. As per DeFiLlama, the total stablecoin market is worth more than $275 billion at the time of ...

The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...

China is considering approving yuan-backed stablecoins for the first time to boost the usage and influence of its currency globally, Reuters reported , citing unnamed people familiar with the matter.