neutral
57 days agoChina Launches First Offshore Yuan Stablecoin
China has introduced AxCNH, the first regulated yuan-linked stablecoin, in Kazakhstan. The move reflects Beijing’s push to expand the use of blockchain in global trade and cross-border settlements. Analysts see this as a potential challenge to USD-backed stablecoins in the long run.
Tags:
- China
- Stablecoin
neutral
57 days agoChina Launches First Offshore Yuan Stablecoin
China has introduced AxCNH, the first regulated yuan-linked stablecoin, in Kazakhstan. The move reflects Beijing’s push to expand the use of blockchain in global trade and cross-border settlements. Analysts see this as a potential challenge to USD-backed stablecoins in the long run.
Tags:
- China
- Stablecoin
Recently
1 min read
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China debuts yuan-backed stablecoin AxCNH in Kazakhstan.
China has introduced AxCNH, the first regulated yuan-linked stablecoin, in Kazakhstan. The move reflects Beijing’s push to expand the use of blockchain in global trade and cross-border settlements. Analysts see this as a potential challenge to USD-backed stablecoins in the long run.
China has introduced AxCNH, the first regulated yuan-linked stablecoin, in Kazakhstan. The move reflects Beijing’s push to expand the use of blockchain in global trade and cross-border settlements. Analysts see this as a potential challenge to USD-backed stablecoins in the long run.
Tags:
- China
- Stablecoin
- China
- Stablecoin
- Yuan
- Blockchain
Sep 29, 2025 • 15:58