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by: xpoolPosted on: August 29, 2025

China National Petroleum to Explore Stablecoin Use in Cross-Border Payments

China National Petroleum Corporation (CNPC) has embarked on a feasibility study exploring the potential use of stablecoins for cross-border payments, according to CFO Wang Hua during their recent earnings conference. This initiative aligns with CNPC’s interest in Hong Kong’s stablecoin licensing framework and follows growing discussions around stablecoins in global trade.

Related posts:

  1. Zhou Xiaochuan Warns Against Stablecoin Adoption in China
  2. China Unveils Stablecoin Strategy to Counter USD Dominance
  3. Former PBOC Governor Warns of Stablecoin Financial Instability
  4. Stablecoin Risks Raise Concerns in China: Zhou Xiaochuan Warns of Potential Financial Instability
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