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![GoldragonNft Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1652962727512641536.png) Goldragon [@GoldragonNft](/creator/twitter/GoldragonNft) on x 1442 followers
Created: 2025-07-23 08:31:29 UTC

🇨🇳 China Eyes Yuan Stablecoin to Disrupt $250T Payment Market

Ex-Vice Finance Minister Zhu Guangyao calls for RMB-backed stablecoins to enter China’s financial strategy, warning that USD stablecoins are “Bretton Woods 3.0” — a new form of U.S. dominance.

📊 In 2024, stablecoin volume hit $27.6T, cross-border payments exceeded $250T, with the USD still leading.

Zhu suggests:

Hong Kong as a regulatory sandbox

Dual-track onshore/offshore yuan stablecoins

Track U.S. restrictions on foreign issuers

RMB stablecoins could boost global RMB use without lifting capital controls.

#China #Stablecoin #Yuan #DeDollarization #CrossBorderPayments #Web3

![](https://pbs.twimg.com/media/Gwh26S8a8AAhLaj.jpg)

XX engagements

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**Related Topics**
[kong](/topic/kong)
[hong kong](/topic/hong-kong)
[$276t](/topic/$276t)
[dominance](/topic/dominance)
[united states dollar](/topic/united-states-dollar)
[stablecoins](/topic/stablecoins)
[finance](/topic/finance)
[$250t](/topic/$250t)

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