Hong Kong dollar stablecoins can help mainland China’s only legal digital currency better position itself globally.

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

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

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...

Hong Kong passed a stablecoin law on August 1, trialling HKD Stablecoin in Sandbox to link digital yuan, expanding its global influence and reducing the dollar's role.

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

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

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

Once limited to crypto trading, stablecoins are now used for payments and dollar access worldwide, pushing them into ...