Stablecoin law holds promise for e-CNY, cross-border flows: Morgan Stanley

Why is Target's CEO stepping down? How did tariffs impact US retailers? Why did tech stocks sell off again? What caused Intel's sudden stock rally? Why is Trump calling for Fed governor resignation? How will new USPS EV contract affect deliveries? What’s behind Walmart’s frozen shrimp recall?

Stablecoin law holds promise for e-CNY, cross-border flows: Morgan Stanley

scmp.com/business/banking-finance/article/3322322/hong-kongs-stablecoin-law-holds-promise-e-cny-cross-border-flows-morgan-stanley

Hong Kong dollar stablecoins could become a key link between China’s digital yuan and top global digital assets, potentially transforming cross-border investment and accelerating yuan internationalisation, according to Morgan Stanley.
Local currency-backed stablecoins could provide a…

This story appeared on scmp.com, 2025-08-19 23:30:07.