JD.com, Ant Urge Approval for Offshore Yuan Coins

July 8, 2025

Catenaa, Tuesday, July 08, 2025-  Chinese tech giants JD.com and Ant Group are urging China’s central bank to authorize yuan-backed stablecoins for offshore use, according to Reuters. The two firms made their case in closed-door talks with the People’s Bank of China (PBOC), advocating for stablecoins pegged to the yuan alongside those tied to the […]