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 Taiwanese Central Bank to Test CBDC, Not Race to It July 8, 2024 Iran’s Control of Hormuz Spurs Yuan Oil Payment Shift as Markets React March 22, 2026 Russia’s Gazprombank recommends slow CBDC rollout fearing loss of income February 8, 2023