# China Turns to Yuan-Pegged Stablecoins to Take On Dollar after CBDC Struggle Source: https://thedefiant.io/news/regulation/china-turns-to-yuan-pegged-stablecoins-to-take-on-dollar-after-long-cbdc-struggle Kiwi News: https://news.kiwistand.com/stories/China-Turns-to-Yuan-Pegged-Stablecoins-to-Take-On-Dollar-after-CBDC-Struggle?index=0x6889d2faa7a7e6c299a7245ced7f7fccde94876176c078cf79c90703bec42728dd8c7013 Submitted by rvolz.eth on 2025-07-30 UTC, 5 upvotes, 1 comment ## Comments **@chiefdijon**: I don’t know how you plan to call a Yuan pegged anything a stablecoin