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Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda

Summary by Coin Desk
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.In 2021, China’s central bank warned that global stablecoins could bring risks and challenges to the "international monetary system, payment and clearing system, monetary policies…

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Coin Desk broke the news in Manila, Philippines on Thursday, July 24, 2025.
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