US Treasury Secretary Bessent suggested he’s fine with how China’s yuan has moved against the dollar this year, while pointing out its depreciation against the euro presents a challenge for European economies https://t.co/tFgmubyQjp ...

Geopolitical Strategy - China aims for global yuan acceptance to shield exporters from dollar fluctuations [1] - The strategy intends to mitigate the impact of potential US financial sanctions [1] Currency Adoption - Foreign entities require stronger motivation to adopt the yuan [1]

China’s leaders think a globally accepted yuan can insulate their exporters from movements in the dollar’s value and blunt the threat of America’s financial sanctions. But foreigners need greater incentives to use the currency https://t.co/mGmBoYBSXa ...

The yuan faces a defining moment https://t.co/NXpEjoXWoB ...

China weighs allowing yuan-backed stablecoins to expand currency’s global use: report https://t.co/NdTfdnqPfg ...

First Goldman Sachs calling for the stablecoin market to trillionsNow China potentially entering the stablecoin gameYep it's going higher*Walter Bloomberg (@DeItaone):🚨 CHINA EXPECTED TO DISCUSS EXPANDING USE OF YUAN, POSSIBLY INCLUDING STABLECOINS, AT SHANGHAI SUMMIT THIS MONTH, SOURCES SAY ...