Could China Dethrone The U.S. Dollar With A Digital Yuan?

The U.S. dollar is still the world’s “real” reserve currency, but that could change if China goes full speed ahead with its digital yuan.

Central Bank Digital Currencies, or CBDCs, are controlled digital currencies that are the subject of research into how they might appear in the United States.

Leave a Reply

Discover more from Cross-Border Currents

Subscribe now to keep reading and get access to the full archive.

Continue reading