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Caixin: Offshore RMB stablecoin may promote the internationalization of RMB

Source: PANews
PANews September 9th news, according to Caixin’s recent report, “Opportunities for Internationalization of the RMB” pointed out that many industry insiders believe that it is an important window period for the internationalization of the RMB, and institutions such as the Bank of China, China Construction Bank and other institutions are increasing their related business layout. Against the backdrop of drastic changes in the global trade and monetary system, stablecoins, as a bridge between cryptocurrencies and the real world, developed rapidly in the first half of 2025. Some views say that if the offshore RMB stablecoin pilot is promoted in a timely manner, it may improve the internationalization efficiency of the RMB and provide the market with new options outside the US dollar system.
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