Could China's Digital Yuan Challenge U.S. Dollar Dominance?

Could China’s Digital Yuan Challenge U.S. Dollar Dominance?

August 24, 2023

in Markets

Reading Time: 5 mins read

A new contender in the race to define the future of money

By Drew Bernstein

Some China watchers have recently sounded the alarm that the digital yuan, a central bank digital currency (CBDC), is poised to challenge the U.S. dollar’s dominance in the global financial system.

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Could China’s Digital Yuan Challenge U.S. Dollar Dominance?

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Could China’s Digital Yuan Challenge U.S. Dollar Dominance?

A new contender in the race to define the future of money

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