{"content":"🚨 𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠: China may approve yuan-backed stablecoins this month. According to Reuters, Beijing is considering launching stablecoins backed by yuan and Treasuries—a move aimed at boosting yuan internationalization for the first time. Key Impacts: • Transform cross-border settlements • Intensify the $USD vs $CNY race • Represent a major policy shift, as crypto has been heavily restricted in China since 2013 If Approved: This could reshape the global stablecoin landscape. #CryptoNews #Stablecoin #ChinaCrypto #Blockchain #CryptoUpdates ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/20/594cfc0b4e8142e9a9e9fb4f0d5f903c.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}