China stablecoin move by CNPC signals shift in cross-border payments
China stablecoin adoption took a new move towards the decentralised system as the State-owned energy giant, China National Petroleum Corporation CNPC has revealed its plans to explore stablecoins-based cross-border payments, recently shared by Wu Blockchain on its X post .
Source: X
At its half-year results conference, CNPC confirmed it is closely tracking the Hong Kong Monetary Authority’s progress on asset licenses and will soon begin a feasibility study on using the assets for global oil and energy settlements.
This bold move of CNPC highlights growing interest in China stablecoin adoption and blockchain payments as a faster, cheaper and more secure alternative to traditional dollar-based trade systems.
How Stabletokes can Transform Cross-Border Settlements
Around the world, these coins are proving to be a smarter way to handle international payments that is offering speed, lower costs, and fewer hurdles compared to traditional monetary transaction systems like Swift and Moneygram.
The country's stable asset adoption is also taking fast steps towards this as the country’s oil giant CNPC has started looking into tokens-based settlements, recognizing their potential to cut transaction costs and reduce reliance on the U.S. dollar.
This smart move of China stablecoin adoption is not just about efficiency but it’s about strengthening its position in global trade with modern, blockchain-powered payment solutions.
Global Push: Countries Issuing Their Own Crypto Assets
The U.S President Donald Trump introduces Genius Act, that pushes to create clear regulations around assets and giving them a stronger legal framework.
At the same time, countries like Hong Kong, Singapore, and the UAE are developing their own systems. Together, these efforts reflect a global shift toward regulated digital assets
It might be the reason for China stablecoin adoption by CNPC makes the trade easier and smoother without depending on US Dollar , especially while trading to America with whom both countries is facing tariff war .
This growing international acceptance signals that stable digital currencies could soon become a mainstream tool in worldwide dealings.
Geopolitical Edge: Reducing Reliance on the U.S. Dollar
If State's National Petroleum Corporation steps ahead with stable asset payments, it could set an example for other global oil companies to follow. With China Stablecoin makes international trade faster and cheaper by cutting out heavy banking fees, long settlement times and currency risks.
Its adoption could be the first step in reshaping how worldwide oil trade works in the future.
Conclusion
Through State's National Petroleum Corporation shows a shift in worldwide dealings . By reducing costs, speeding up payments and lowering dollar reliance, stable assets could redefine how international oil and energy deals are settled in the future.
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