US EditionUS crypto push spurs Chinese reassessment regarding stablecoin use
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US crypto push spurs Chinese reassessment regarding stablecoin use
This article was first published on Cedarnews.net. For more news and exclusive reports, visit our website. Cryptocurrency markets witnessed a collective resurgence in cryptocurrencies, including Bitcoin, on Thursday, July 3, 2025. China has been receiving increasing calls from policy advisors and economists to explore the use of stablecoins for cross-border payments, as the United States seeks to strengthen the dominance of the US dollar through…
PEKIN.— China faces increasing calls from political advisers and economists to explore the use of stablecoins in cross-border payments, at a time when the US is moving forward to consolidate the dominance of the dollar through this still emerging technology. While China has not officially adopted stablecoins — digital tokens linked to traditional currencies — and maintains a general ban on cryptocurrency-related activities, recent statements by …
China Officials Signal Openness To Stablecoins As US Firms Expand Globally
China is facing mounting calls from senior policy advisers and economists to adopt stablecoins for cross-border payments as the United States moves to strengthen the dollar’s global influence through the same emerging technology. Despite a longstanding ban on cryptocurrency activities, recent comments from top People’s Bank of China (PBOC) officials indicate that Beijing may reconsider […] The post China Officials Signal Openness to Stablecoins …
China Weighs Stablecoin Adoption Amid US Dollar Dominance Push
China Weighs Stablecoins as US Pushes Digital Dollar Dominance China’s top economists and policymakers are quietly—but urgently—debating whether to embrace stablecoins for cross-border payments. The pressure’s mounting as the US races ahead with crypto-friendly regulations, aiming to lock in the dollar’s global supremacy. It’s a tricky situation. China banned most cryptocurrency activities years ago, fearing financial instability. But lately, ev…
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