IntroductionChina is exploring the introduction of yuan-backed stablecoins to broaden the international use of its currency. This move reflects Beijing’s strategy to enhance the digital yuan ecosystem, encourage cross-border adoption, and strengthen its influence in global trade and finance. Analysts and institutional investors
A look at how the e-CNY is being positioned against USDT, USDC, and RMBT in the race for cross-border adoption. A Monetary Revolution in Motion China’s experiment with the digital yuan (e-CNY) has moved from pilot projects to a broader rollout, placing it
A comparative insight: how e-CNY, USDT, and other stablecoins are shaping the next era of money. A Crowded Race for Digital Money The future of money is being contested on multiple fronts. Central banks are rolling out CBDCs (central bank digital currencies), fintech
China has emerged as a global leader in digital finance, spearheading innovations in payments, blockchain applications, and central bank digital currencies. The Digital Yuan, officially known as the e-CNY, represents the nation’s effort to modernize monetary infrastructure, enhance payment efficiency, and strengthen regulatory
