Strategic push for yuan internationalization

Data block

Collection item

JD.com and Ant Group are pushing yuan-based stablecoins as part of China’s strategic response to challenge U.S. dominance in digital finance.
JD.com allegedly argued in closed-door discussions with the PBOC that offshore yuan stablecoins are urgently needed to promote yuan internationalization and cross-border commerce.
JD.com and Ant Group is preparing to apply for a Hong Kong stablecoin license immediately after the city’s comprehensive stablecoin regulations that establishes one of the world’s most rigorous frameworks for digital currency issuance.

Data source type

Collection data source

Filter

{"where":{"AND":[{"attribute":"Jfmby78N4BCseZinBmdVov","is":"KeG9eTM8NUYFMAjnsvF4Dg"}]}}