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Dual-track approach to aid currency

Summary by Ecns

A visitor displays a cup of coffee purchased with China's digital yuan, or the e-CNY, April 26, 2023.To maintain the effectiveness of China's cross-border capital movement, any move to develop the onshore renminbi stablecoin market should be considered cautiously, while the offshore market can take the lead, he added.

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1 Articles

Dual-track approach to aid currency

A visitor displays a cup of coffee purchased with China's digital yuan, or the e-CNY, April 26, 2023.To maintain the effectiveness of China's cross-border capital movement, any move to develop the onshore renminbi stablecoin market should be considered cautiously, while the offshore market can take the lead, he added.

3 days ago·China

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Ecns broke the news in China 3 days ago on Saturday, August 9, 2025.

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