Yuan Coin Technology Advances Cross-Border Payments and Dollar Stablecoin RDUSD Expansion in Africa and Asia
Yuan Coin Technology is upgrading its cross-border payment and digital finance ecosystem for enterprises, focusing on trade between Africa and Asia, promoting bank cooperation, payment channel connectivity, and the construction of digital asset settlement infrastructure. It will explore a bank-led cross-border trade settlement solution supported by stablecoin technology in collaboration with Ghana's Stanbic Bank, initially focusing on payments from Ghanaian companies to Asian suppliers; it will also explore cross-border settlement models that integrate local payment capabilities in partnership with Ghana's digital asset infrastructure service provider, Transika. Yuan Coin Technology will also support the brand building and application expansion of the dollar stablecoin RDUSD, which is intended to be issued by the federally chartered digital asset bank, Anchorage Digital Bank N.A. The design goal complies with the GENIUS Act, is pegged 1:1 to the US dollar, and will undergo third-party audits, to be deployed on the HSK Chain.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Greece approves 10% crypto gains tax with €500 annual exemption

Financial and Political Crisis in Paraguay: How the Ueno Bank Explosion Triggered the President's Resignation

Federal Reserve's Hamark: Smart Contracts and AI Agents May Drive Demand for Stablecoins

Harmack: Prefers Frequent, Small Rate Hikes to Tackle High Inflation

Bank of England Raises Interest Rates: What Changes for Investors

Post-US Midterm Elections: Sell-off in Chip Stocks and Drop in Oil Prices

Arthur Hayes Warns of Dilution Risks for AI Giants After IPOs

Schroders Partners with Centrifuge to Launch Tokenized Emerging Market Bond Fund

Tae Yong-ho’s son sentenced to 3.5 years for 1.3 million dollar crypto fraud

Ripple CEO States RLUSD Complements XRP

Gold Under Pressure as Investors Await U.S. Midterm Election Results

JPMorgan blockchain deposit accounts handle 0.03% of daily payment volume

Ueno Bank Closes, Affecting Major Depositors like IPS and CONMEBOL

Strategy Adds 811 Bitcoin and Repurchases $208.2M of STRC Shares

Dollar in 2027: Estimated Shortfall of $15 Billion to Pay Debt in a Stress Scenario

Wall Street Rises as US Elections Approach

Meta Plans to Raise at Least $20 Billion in US and European Markets

Reuters Survey Shows No Change in Bearish Dollar Outlook, Short-Term Strength Risks Rising

Citi bets on the Argentine peso and warns about carry trade risks

$8.6 Billion in Cryptocurrency Held by Ukrainians: How It Affects the Hryvnia Exchange Rate and the Economy

ING Bank: Dollar Faces Short-Term Downside Risk if Democrats Win Both Houses of Congress

Strategy Warns of Cash Depletion by March 2028

Newfire Global Macro Multi-Asset Strategy Enters Seed Fund Trial Phase

Dollar stablecoin use stayed elevated after capital controls ended, new research suggests

Arthur Hayes Predicts Continued Bitcoin Weakness

BIS researchers warn foreign stablecoin use could reduce economic output

SAT Japan Adds USDT and USDC Payments With Dollar Settlement Through Triple-A

Ethereum DeFi Vault Yields Decline, Dollar-Denominated Assets Exceed Treasury Returns

Hong Kong plans stablecoin trials for tokenized government debt






