Yuan

Highlights: Stablecoin firm, Tether, said it will no longer support CNH₮. The company noted that it will focus more on products with demonstrated growth potential.  Tether has stopped minting CNH₮ and encouraged holders to redeem the token as soon as […]

Highlights: Monex Group plans to launch a yen-pegged stablecoin backed by Japanese government bonds. The firm is in talks to acquire a European crypto company. Japan is relaxing its regulatory stance on stablecoins to facilitate their use. Tokyo-based Monex Group […]

Highlights: China eyes yuan-backed stablecoins to accelerate currency adoption. Stablecoins could boost China’s role in cross-border trade. U.S. regulatory changes pressure China to shift its crypto stance. China is preparing to make a new step in expanding its worldwide financial […]