China’s Digital Currency Strategy: Challenging the Dollar Empire with RMB and HKD Stablecoins

China is wielding its control over rare earths, fueling global technology and trade through incentivized stablecoin adoption. The Belt and Road Initiative creates a $2.5 trillion trade network across 140+ countries, offering a perfect ecosystem for RMB stablecoins to flourish with reduced settlement fees. Hong Kong’s position as the world’s third-largest financial hub enables HKD stablecoins, leveraging regulatory clarity and new investment opportunities. Learn how China’s digital currency strategy challenges dollar dominance, impacting investors in Asia and beyond.