$USDT
🚨 Big News from China’s Tech Giants! 🚨
JD.com and Ant Group are reportedly working on launching a stablecoin pegged to the offshore yuan (CNH) — and guess what? The idea has already received a green light in closed-door talks with the People's Bank of China (PBoC) 🇨🇳.
👉 The goal?
Push the yuan further into global trade
Cut down on dependence on USDT and other dollar-based stablecoins
China is clearly making bold moves in the crypto and fintech space. The era of de-dollarization is gaining momentum. Are we ready for a Yuan-powered stablecoin? 🌏💴
What’s your take on this? 👆