Tag: GovernmentBacked

Chinese Government-Backed Company to Launch Stablecoin by February

Chinese Government-Backed Company to Launch Stablecoin by February Grandshores Technology Group is a public company affiliated with a 10 billion yuan ($ 1.5 billion) fund backed by the government of Hangzhou, the capital of China’s Zhejiang Province. It is known to be developing a new stablecoin, which is now expected […]