💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
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📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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Minimum 80 words
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Include CandyDrop or Launchpool participation screenshot
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China Explores Yuan-Backed Stablecoins to Advance Currency Internationalization
Gate News bot message, Reuters reports that China is exploring the possibility of permitting yuan-backed stablecoins for the first time, according to sources familiar with the matter. This initiative aligns with the country's ongoing currency internationalization strategy. This marks China's first step into officially sanctioned stablecoin territory, despite its previous strict stance on cryptocurrencies.