🟣 China is preparing a yuan-backed stablecoin — to compete with the dollar

Giants like JD.com and Ant Group are lobbying for the launch of an offshore yuan-based stablecoin.

The goal is to create a digital asset that can be used outside of mainland China — in Hong Kong, Asia, and other markets.

📌 Why this is important:

— Today, almost all stablecoins are in dollars.

— China wants the world to start holding and trading in yuan, not just USD.

— This is not just a project — it's a geopolitical game in the economy.

China is not fighting against crypto. It wants to control its architecture.

$BTC

#Crypto #btc