Is China Gearing Up for a New Stablecoin Race?
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最新报道：China is reportedly supporting yuan-pegged stablecoins for cross-border trade to compete with the U.S. dollar, following the launch of AxCNH, the world's first regulated offshore yuan stablecoin approved by Kazakhstan. Developed by Conflux with Hong Kong's AnchorX, AxCNH aims to internationalize the yuan and enhance Belt and Road Initiative payments, potentially accelerating stablecoin market growth, which rose 15.8% to $309.4 billion since July.
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