Sources: JD.com and Ant are lobbying the People's Bank of China to authorize yuan-based, Hong Kong-issued stablecoins to promote the yuan and counter USD coins Reuters 2025-07-03 the People's Bank of China, Hong Kong Related Coverage China's tech firms aggressively push for a yuan-pegged stablecoin abroad Cryptopolitan JD.com, Ant Group push yuan stablecoins to challenge US dollar dominance Cointelegraph What are Stablecoins and why they are fuelling a global war in digital payments Business Today China's Big Tech Wants Yuan Stablecoin to Break USDT's Lead Coinpedia Fintech News JD.com and Ant Group push for yuan-pegged stablecoins to challenge dollar's digital dominance crypto.news Hong Kong's stablecoin regime takes shape as China eyes alternatives to dollar-based payments KrASIA