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![Famacrypt Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1902512008265625600.png) Fama Crypto [@Famacrypt](/creator/twitter/Famacrypt) on x 2400 followers
Created: 2025-07-04 09:40:55 UTC

Chinese tech giants Alibaba and are pushing for yuan-based stablecoins to boost the yuan's global role and challenge the U.S. dollar's dominance. Hong Kong's strict new regulations provide a solid foundation for these stablecoins, aiming to enhance cross-border trade efficiency and monetary sovereignty. Despite growing use of dollar stablecoins by Chinese exporters, the move signals a major strategic competition between China and the U.S. over digital currency leadership.  
#YuanStablecoins #HongKongCrypto #DigitalCurrency #Alibaba #JDcom #CryptoRegulation #Stablecoins #GlobalFinance #USDCrypto #CrossBorderPayments



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**Related Topics**
[money](/topic/money)
[dominance](/topic/dominance)
[stablecoins](/topic/stablecoins)
[alibaba and](/topic/alibaba-and)
[$9988hk](/topic/$9988hk)
[alibaba](/topic/alibaba)

[Post Link](https://x.com/Famacrypt/status/1941069706204471724)