China May Introduce a Yuan-Backed Stablecoin Within 3-5 Years, Says Circle CEO
According to Circle CEO Jeremy Allaire, China is poised to launch a yuan-backed stablecoin within the next three to five years, as the integration of digital currencies into international trade and finance accelerates. In a recent interview with Reuters in Hong Kong, Allaire emphasized the vast potential for such a stablecoin, citing the growing importance of digital currencies in global commerce…
April 16, 2026, 9:12 a.m.