China has unveiled an industrial park in the Luohu district of Shenzhen, solely dedicated to the development of the digital yuan ecosystem. This monumental move
Tag: Yuan
Pakistan Ditches US Dollar, Embraces Yuan for Russian Oil Import
Pakistan has made a major step towards achieving de-dollarization by completing its first government-to-government import of Russian oil in the Chinese local currency Yuan. This
Digital Yuan For Europe Trade
China’s Belt and Road initiative, the project aimed at improving regional co-operation through better connectivity, is one of the most ambitious infrastructure plans globally. While
Tether Launches Chinese Yuan (CNHT) On Tron
On Dec. 6, Tether, the stablecoin issuer, revealed that its offshore Chinese Yuan (CNH) would now be available on the Tron blockchain. Using the Tron