New decentralized stablecoin in China targets international trade Post author:MiamiCrypto Post published:September 23, 2021 Post category:CBDC / China / Fiat Money / People's Bank of China / Shanghai / Stablecoin / Yuan Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan. You Might Also Like Crypto needs ‘enabling environment,’ Philippines central bank says August 15, 2022 Jump Trading faces lawsuit over alleged $1.3B profit from TerraUSD May 13, 2023 Report: Jack Ma’s Ant Group Plots Global Stablecoin Power Grab June 12, 2025