The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 7 days ago

China is preparing to counter the threat of U.S.-backed digital dollars by leveraging its powerful e-commerce firms and Hong Kong’s crypto-friendly financial system to promote stablecoins tied to local currencies. https://www.japantimes.co.jp/commentary/2025/06/30/world/china-ready-for-us-stablecoins/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #china #hongkong #stablecoin #crypto #blockchain #ecommerce #libra #digitaldollars #cryptocurrencies