News

The lion’s share of yuan transactions take place in Hong Kong. The U.S. dollar’s share as a global payment currency was over ...
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
By Roushni Nair (Reuters) -Bearish bets on China's yuan hit their highest since mid-May, with analysts turning short for the ...
Kenya is in talks with China to convert a dollar-denominated railway loan into Chinese yuan, an aide to the Finance Minister ...
Treasury Cabinet Secretary (CS) John Mbadi has revealed that Kenya is negotiating with China to extend repayment terms and ...
Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to ...
The yuan may see further gains past 7 against the dollar, according to a top Chinese economist, as debate grows among market ...
China weighs allowing yuan-backed stablecoins, signaling a policy shift to boost global currency use and counter U.S. dominance.
Kenya’s repayment of the SGR loan is currently in US dollars, meaning the government must constantly buy large amounts of dollars from the market to meet repayment obligations. This creates extra ...
China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China is said to be likely to discuss expanding the use of yuan and stablecoins for cross-border trade and payments at the ...