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The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China is considering approving yuan-backed stablecoins for the first time to boost the usage and influence of its currency globally, Reuters reported , citing unnamed people familiar with the matter.
As of June, China’s yuan was the sixth most active currency for global payments by value, with a share of around 2.9%, according to Swift’s RMB Tracker. As reported, in June, mainland China had been ...
China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of the currency globally, ...
The SeaGuardian drone can provide persistent maritime domain awareness, capable of flying continuously for over 30 hours.
With the plan finalized earlier this year and modest compared with U.S. hyperscalers' AI capex trajectories, it underscores ...
Baidu Inc.’s revenue slipped slightly, hurt by an economic downturn that’s capping its ability to fight bigger rivals in AI ...
Analyze the Chinese Communist Party’s U.S. subnational strategy and the GBA’s role in this strategy.
Wall Street continues to drift while news of a leadership change at Target took some of the spotlight away from the latest ...
A Hong Kong court has begun hearing final arguments in the national security trial of former Apple Daily publisher Jimmy Lai ...
We award Hong Kong Exchanges and Clearing, or HKEx, a wide economic moat based on network effects and intangibles in its listing, trading, clearing, and market data businesses. We expect HKEx’s ...
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