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 Central bank plans to make CBDC ‘only legal digital tender’ in Indonesia, says gov December 5, 2022 Private Banks Propose to Help Design Digital Currency in Mexico February 27, 2022 Stable Secures $28M to Bring a Native USDT Blockchain to Life August 1, 2025