As U.S.-backed stablecoins move closer to widespread global adoption, China is preparing to counter growing dollar dominance by expanding the digital yuan and cross-border payment systems in emerging markets. https://www.japantimes.co.jp/commentary/2026/05/28/world/china-will-fight-digital-dollars/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #stablecoins #digitaldollars #usdollar #yuan #currencies #forex #cryptocurrencies