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![cryptonews Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::940960926890647553.png) Cryptonews.com [@cryptonews](/creator/twitter/cryptonews) on x 150.4K followers
Created: 2025-07-04 09:36:31 UTC

💴 Chinese tech giants Alibaba and urge central bank approval for yuan-based stablecoins to counter massive US dollar dominance in $255B global stablecoin market.

#HongKong #Stablecoin


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**Related Topics**
[coins stablecoin](/topic/coins-stablecoin)
[$255b](/topic/$255b)
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[money](/topic/money)
[united states dollar](/topic/united-states-dollar)
[stablecoins](/topic/stablecoins)
[alibaba and](/topic/alibaba-and)
[$9988hk](/topic/$9988hk)

[Post Link](https://x.com/cryptonews/status/1941068598799421825)