Reuters Report: China Eyes Yuan-Backed Stablecoins in Global Push to Challenge Dollar Dominance
2025-08-21
Japan is expected to approve its first yen-pegged stablecoin this year through the Financial Services Agency to help stabilise the local financial system. South Korea’s Financial Services Commission plans to introduce a won-pegged stablecoin bill as early as October, working alongside the Virtual Asset User Protection Act. China is reportedlyContinue Reading