Beijing’s digital currency ambitions are unlikely to unlock the full potential of the yuan’s internationalisation, analysts say.

The US dollar’s dominance in global markets could be enhanced by stablecoins, and China has a golden chance to make the yuan a more global currency, analysts say.

Hong Kong sets regulatory framework for stablecoins, boosts offshore yuan Hong Kong's Financial Secretary Paul Chan highlighted the strategic advantage the city gains with its new stablecoin ...