Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...

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JD.com and Ant Group are lobbying China’s central bank to authorize yuan-based stablecoins in Hong Kong. Chinese tech firms are engaging with regulators to shape ...

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China’s tech firms JD.com and Ant Group have proposed to the country’s central bank to allow the launch of stablecoins in Hong Kong pegged to its offshore yuan. Both companies believe the initiative ...

JD.com and Ant Group are urging the PBOC to greenlight a yuan stablecoin to challenge the dominance of the US dollar in global trade.

JD.com y Ant Group quieren que el banco central de China apruebe las stablecoins en yuanes offshore en Hong Kong.