[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![stillgray Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::16106584.png) Ian Miles Cheong [@stillgray](/creator/twitter/stillgray) on x 1.2M followers
Created: 2025-07-11 06:32:56 UTC

BREAKING: China will soon allow ownership and trade of cryptocurrencies, where it's currently banned. 

Chinese regulators are considering backing yuan-based stablecoins to counter USDT/USDC.

Maybe this is how China wins. Welcome to Real Asian Hours.

![](https://pbs.twimg.com/media/GvjoNiPXsAAVXYa.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1943559110009524440/c:line.svg)

**Related Topics**
[welcome to](/topic/welcome-to)
[stablecoins](/topic/stablecoins)
[cryptocurrencies](/topic/cryptocurrencies)
[china](/topic/china)

[Post Link](https://x.com/stillgray/status/1943559110009524440)