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 Stablecoin Sector Adds $703M This Week While Blackrock’s BUIDL Surges 36% February 21, 2026 Cambodian digital currency bakong amps up use case with Alipay agreement November 20, 2023 Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals February 16, 2023