China’s secret weapon against the dollar is a yuan stablecoin

fortune.com/2025/08/21/chinas-secret-weapon-against-the-dollar-is-a-yuan-stablecoin

China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the overwhelming sway of the U.S. dollar in international trade and finance.
However, restrictions on access to…

This story appeared on fortune.com, 2025-08-21 13:59:28.
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