The Chinese government may approve the use of yuan-based stablecoins as part of efforts to stimulate global adoption of this currency. This was reported by Reuters citing its sources.

According to the publication, the State Council of the People's Republic of China will consider and possibly approve a roadmap to promote the wider use of the yuan in the world at the end of August 2025. This includes measures to support stablecoins.

As Reuters' sources noted, the plan will include specific targets for the level of yuan usage in global markets, regulatory responsibilities, and recommendations for risk prevention. An introductory session to review the roadmap is expected to take place at the end of August.

At this meeting, senior executives are likely to give speeches, during which they will address the limits of stablecoin usage and set an overall tone regarding this asset class.

Official Beijing views them as a tool for the internationalization of the yuan, especially in light of support in the U.S., one source stated.

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