JD.com and Ant Group push for yuan-pegged stablecoins to challenge dollar’s digital dominance

jd.com-and-ant-group-push-for-yuan-pegged-stablecoins-to-challenge-dollar’s-digital-dominance
JD.com and Ant Group push for yuan-pegged stablecoins to challenge dollar’s digital dominance

China’s leading tech giants JD.com and Ant Group are actively lobbying Chinese regulators as part of a push to counter the U.S. dollar’s growing digital dominance. Both companies have urged the People’s Bank of China to authorize the issuance of…

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