JD.com, Ant Group push yuan stablecoins to challenge US dollar dominance

JD.com, Ant Group push yuan stablecoins to challenge US dollar dominance
Blockchain | July,3 2025

JD.com and Ant Group are reportedly lobbying Chinese regulators to launch yuan-based stablecoins to boost the currency’s global role and counter US dollar-pegged tokens.

Read more from the news source

Related news

Card image cap
Money never sleeps, and Wall Street is waking up
Card image cap
Franklin taps blockchain to offer yield on idle payroll funds
Card image cap
Blockchain security firm releases Cetus hack post-mortem report
Card image cap
21Shares files with SEC for spot Polkadot ETF
Card image cap
Why Ethereum maxis say ETH will be the ‘comeback kid’ of 2025
Card image cap
Curve Finance clocks $35B trading volume in Q1 2025
Card image cap
Asia’s tokenization boom is shifting capital away from the West: Expert
Card image cap
Bitcoin SV investors attempt to resurrect 2019 Binance lawsuit