Cryptonews.com
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19:59 Jul 17, 2025
Former Deputy Finance Minister Zhu Guangyao has proposed integrating yuan-backed stablecoins into China's national financial system, citing shifts in U.S. policy. He described dollar-backed stablecoins as continuation of U.S. monetary dominance via digital channels. The post China Eyes RMB-Backed Stablecoins to Crack $250T Cross-Border Payment Market appeared first on Cryptonews.