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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)$89,299.00-3.40%
  • ethereumEthereum(ETH)$3,021.32-4.44%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.68%
  • binancecoinBNB(BNB)$884.10-2.25%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.45-4.55%
  • tronTRON(TRX)$0.286121-0.14%
  • staked-etherLido Staked Ether(STETH)$3,023.09-4.36%
  • dogecoinDogecoin(DOGE)$0.139974-5.35%