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New decentralized stablecoin in China targets international trade

September 23, 2021 by DIGIT
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Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan.

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Categories CBDC, China, Fiat Money, People's Bank of China, Shanghai, Stablecoin, Yuan
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  • bitcoinBitcoin(BTC)$89,535.00-2.65%
  • ethereumEthereum(ETH)$3,037.54-2.63%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.91%
  • binancecoinBNB(BNB)$882.17-1.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.47-5.18%
  • tronTRON(TRX)$0.2864131.00%
  • staked-etherLido Staked Ether(STETH)$3,038.15-2.68%
  • dogecoinDogecoin(DOGE)$0.138803-6.21%
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  • bitcoinBitcoin(BTC)$89,535.00-2.65%
  • ethereumEthereum(ETH)$3,037.54-2.63%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.91%
  • binancecoinBNB(BNB)$882.17-1.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.47-5.18%
  • tronTRON(TRX)$0.2864131.00%
  • staked-etherLido Staked Ether(STETH)$3,038.15-2.68%
  • dogecoinDogecoin(DOGE)$0.138803-6.21%