Can China’s Digital Yuan Challenge the Dominance of US Dollar?

Digital-Yuan-and-US-dollar-concept

The digital yuan, China’s central bank digital currency, is emerging as a potential challenger to the U.S. dollar’s dominance in the global financial system. As China accelerates its efforts to deploy this innovative currency, it could reshape international trade, bypass traditional banking systems, and alter the geopolitical landscape of financial power. Key Takeaways The digital … Read more