China’s Digital Strike – U.S. Dollar on Life Support After $1.2T Yuan Launch!
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China’s Digital Strike – U.S. Dollar on Life Support After $1.2T Yuan Launch!
Digital currency as a concept has long attracted the attention of economists and financial experts. But in recent years, this has begun to change. China, one of the world's largest economies, is taking a bold step toward creating its own digital currency - the digital yuan, or e-CNY. This currency promises not only to radically change China's financial system, but also to have an impact on the entire global market. In particular, we are talking about how the digital yuan can affect global monetary policy, causing changes in the structure of currency reserves and accelerating the process of dedollarization.
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