yuan – Instametta

China’s Yuan Settlements Jump to $214B in March as Russia, Iran Accelerate Dollar Exit

Key Takeaways In March 2026, China’s CIPS processed approximately $214 billion as Iran and Russia exited dollar markets. Iran’s IRGC…

Global central banks’ use of the People’s Bank of China’s swap lines reached a two‑year high in the first quarter,…

The Chinese yuan is more than 20% undervalued against the US dollar, according to Goldman Sachs Group Inc., which expects…

Gloria Yu’s company exports bicycles and related accessories to as far as Europe and Africa. Having suffered “heavy losses” on…

Circle CEO Jeremy Allaire told Reuters in Hong Kong that there is a “tremendous opportunity” for a yuan-backed stablecoin, predicting…

Key Takeaways: Circle CEO Jeremy Allaire predicted China could launch a yuan-backed stablecoin within 3 to 5 years. USDC grew…

Key Takeaways: Iran’s IRGC began charging ships up to $2 million per tanker to transit the Strait of Hormuz as…

China’s yuan is poised to defy its typical second-quarter slump as the nation’s resilience to the Iran war and a…

Vessels wanting to transit the strategic waterway need to be from friendly countries, and some have to pay fees in…

China’s central bank announced a new set of rules to facilitate cross-border yuan funding between local and foreign financial institutions,…