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JD.com, Ant Group push yuan stablecoins to challenge US dollar dominance

July 3, 2025 by DIGIT
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JD.com, Ant Group push yuan stablecoins to challenge US dollar dominance

JD.com and Ant Group are reportedly lobbying Chinese regulators to launch yuan-based stablecoins to boost the currency’s global role and counter US dollar-pegged tokens.

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  • bitcoinBitcoin(BTC)$65,070.00-9.48%
  • ethereumEthereum(ETH)$1,914.27-11.13%
  • tetherTether(USDT)$1.000.09%
  • binancecoinBNB(BNB)$625.11-10.08%
  • rippleXRP(XRP)$1.27-13.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$77.70-15.43%
  • tronTRON(TRX)$0.270449-3.93%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.032.91%
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  • bitcoinBitcoin(BTC)$65,070.00-9.48%
  • ethereumEthereum(ETH)$1,914.27-11.13%
  • tetherTether(USDT)$1.000.09%
  • binancecoinBNB(BNB)$625.11-10.08%
  • rippleXRP(XRP)$1.27-13.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$77.70-15.43%
  • tronTRON(TRX)$0.270449-3.93%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.032.91%