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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)$87,156.000.48%
  • ethereumEthereum(ETH)$2,932.87-2.00%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$869.621.83%
  • rippleXRP(XRP)$1.930.36%
  • usd-coinUSDC(USDC)$1.000.06%
  • solanaSolana(SOL)$128.060.45%
  • tronTRON(TRX)$0.2801490.06%
  • staked-etherLido Staked Ether(STETH)$2,933.02-2.38%
  • dogecoinDogecoin(DOGE)$0.1313750.44%
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  • bitcoinBitcoin(BTC)$87,156.000.48%
  • ethereumEthereum(ETH)$2,932.87-2.00%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$869.621.83%
  • rippleXRP(XRP)$1.930.36%
  • usd-coinUSDC(USDC)$1.000.06%
  • solanaSolana(SOL)$128.060.45%
  • tronTRON(TRX)$0.2801490.06%
  • staked-etherLido Staked Ether(STETH)$2,933.02-2.38%
  • dogecoinDogecoin(DOGE)$0.1313750.44%