China Industrial Bank Fast-Tracks AI Stablecoin to Counter Dollar Dominance

China Industrial Bank (CIB) is accelerating its digital transformation with plans to launch an AI-enhanced stablecoin, a strategic MOVE aimed at reducing reliance on the US dollar in global finance. This initiative aligns with CIB's broader shift from a digital industrial bank to a 'smart' institution powered by artificial intelligence, blockchain, and data analytics.

The stablecoin project, unveiled during CIB's 2025 semi-annual conference, forms part of China's 'Artificial Intelligence Plus' and 'Data Element X' financial sector initiatives. These programs focus on enhancing automation, risk modeling, and operational intelligence in banking services.

While technical details remain scarce, the AI component suggests potential innovations in stability mechanisms or regulatory compliance. The move comes amid growing global stablecoin adoption and evolving regulatory frameworks like the US GENIUS Act, positioning China to compete in the Web3 infrastructure space.

Industry analysts speculate that a yuan-backed stablecoin could bridge traditional finance and crypto markets, potentially unlocking $2.5 trillion in new liquidity. The project underscores China's ambition to develop tech-forward financial tools with international reach through state-owned enterprises and banks.