The first Chinese CNH stablecoin is launched as global competition intensifies.
New Stablecoin Tied to Yuan Launched in Korea This week marked the launch of a new regulated stablecoin in Korea, linked to the international version of the Chinese Yuan (CNH). It’s a significant step in the burgeoning global stablecoin market. Financial technology firm Anchorx introduced the Axcnh Yuan Pegged Stablecoin at the Belt and Road […]