China’s NPC Explores Stablecoins For Cross-Border Payment as RLUSD Taps Singapore Market

China’s National Petroleum Corporation has announced plans to explore stablecoin as a new approach to cross-border settlement through its state-backed enterprises. This comes as Ripple’s RLUSD gains ground in Singapore, with the firm investing in stablecoin company Tazapay. PetroChina Eyes Stablecoins for Energy Trade PetroChina confirmed it is studying the feasibility of using stablecoins for

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