Reuters:

Sources: JD.com and Ant are lobbying the People's Bank of China to authorize yuan-based, Hong Kong-issued stablecoins to promote the yuan and counter USD coins  —  China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins …

Reuters:

Sources: JD.com and Ant are lobbying the People's Bank of China to authorize yuan-based, Hong Kong-issued stablecoins to promote the yuan and counter USD coins  —  China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins …

Source: TechMeme
Source Link: http://www.techmeme.com/250703/p16#a250703p16