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 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 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.

China eyes yuan-backed stablecoins to boost currency adoption, aiming to rival U.S. dollar dominance in global payments.

China may approve stablecoins backed by the yuan for trade and payments, a major policy reversal after years of crypto ...

China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, ...