en

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

image
rubric logo Altcoins
1
like moon buy 27

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.