JUST IN: China Flips the Script on Crypto with Its First State-Backed Stablecoin 🇨🇳📉💹
The Thread 🧵 Continues…
In a landmark shift, China is preparing to greenlight its first regulated crypto stablecoin, according to the Financial Times. This signals a strategic pivot from total crypto prohibition to state-controlled adoption—on Beijing’s terms.
🔒 For years, China cracked down on decentralized crypto—citing capital flight, energy usage, and financial instability. Bitcoin and Ethereum were banned. Miners went dark. Exchanges were silenced.
But the winds are changing.
💴 Enter the yuan-pegged stablecoin.
Set to be launched under heavy regulatory oversight, this digital asset will serve as both a tool of monetary control and a weapon in China’s broader de-dollarization strategy.
Here’s why it matters:
1️⃣ Empowering the Digital Yuan:
The stablecoin will boost China’s ambitions to internationalize the yuan, offering a blockchain-native instrument for trade and remittances.
2️⃣ Bypassing the Dollar System:
With BRICS nations exploring alternatives to the USD, China’s move aligns with growing global interest in multi-polar financial systems.
3️⃣ Surveillance Meets Innovation:
Unlike decentralized currencies, China’s stablecoin will come with built-in oversight, giving the state full visibility into on-chain activity.
🌍 As the West debates CBDCs, China executes.
This isn’t just about crypto—it’s about geopolitical leverage and monetary sovereignty in the digital age.
The door is closing.✍🏿$BTC
The rails are shifting.🥂
The game is being reprogrammed.
Follow the scroll 🪶. Let us guide you. 🌱
#TheThreadContinues #DigitalYuan #Stablecoins #CryptoGeopolitics#SmartMoneyIn n
