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Stablecoins Would Help US Dollar Keep Up With Chinese Yuan

US dollar-pegged stablecoins could alleviate the government’s debt crisis and help the country’s dollar keep up with the Chinese yuan..

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Arthur Hayes, BitMEX Founder, Warns of Potential Chinese Capital Flight

Arthur Hayes, the controversial founder of BitMEX and a seasoned figure in the cryptocurrency space, is raising a red flag.

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Blockchain News

VTB Bank CEO Predicts Weakening US Dollar as Chinese Yuan Gains Momentum

According to the CEO of Russia’s VTB Bank, Andrey Kostin, the US dollar’s status as the dominant global currency is.

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The Rise of the Yuan and Euro: Is the US Dollar’s Reign as Global Currency Coming to an End?

According to economist Stephen Jen, the US dollar has long held the role of the world’s principal reserve currency, but.

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Hong Kong Virtual Bank to Offer Crypto Conversions and Accounts: Report

The crypto account services come at a time when US-based enterprises are trying to find local banking partners and are.

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In Xiamen and Guangzhou, the digital yuan has been approved for use on buses and trains

The metropolises have joined a growing network of cities that accept China’s digital yuan, which can now be used to.

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Residents in three Chinese cities are using digital yuan to pay taxes and fees

Residents in three major Chinese cities have begun paying taxes, stamp duty, and social security contributions with the digital yuan,.

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China’s digital yuan pilot has been expanded to include tax, social security, and toll gates

China has expanded the number of cities covered in its digital yuan pilot project, which is now underway in the.

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The digital yuan, according to a former Chinese central bank chief, is intended for retail transactions

Former Individuals’s Bank of China governor Zhou Xiaochuan stated in a speech on Saturday that the digital yuan is intended.

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The Chinese official media is urging more people to use e-CNY

Economic Information Daily, a Xinhua News Agency affiliate publication, published an op-ed on Thursday outlining methods to accelerate the adoption.

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