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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)$98,095.003.47%
  • ethereumEthereum(ETH)$3,319.107.39%
  • tetherTether(USDT)$1.00-0.08%
  • solanaSolana(SOL)$255.697.54%
  • binancecoinBNB(BNB)$626.723.02%
  • rippleXRP(XRP)$1.3418.86%
  • dogecoinDogecoin(DOGE)$0.3830970.09%
  • usd-coinUSDC(USDC)$1.00-0.09%
  • staked-etherLido Staked Ether(STETH)$3,322.837.71%
  • cardanoCardano(ADA)$0.855.90%
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  • bitcoinBitcoin(BTC)$98,095.003.47%
  • ethereumEthereum(ETH)$3,319.107.39%
  • tetherTether(USDT)$1.00-0.08%
  • solanaSolana(SOL)$255.697.54%
  • binancecoinBNB(BNB)$626.723.02%
  • rippleXRP(XRP)$1.3418.86%
  • dogecoinDogecoin(DOGE)$0.3830970.09%
  • usd-coinUSDC(USDC)$1.00-0.09%
  • staked-etherLido Staked Ether(STETH)$3,322.837.71%
  • cardanoCardano(ADA)$0.855.90%