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Nalezeno "U.S. dollar.": 4694

Digital Yuan Will 'Hardly Put a Dent' in USD Dominance, Says Expert


China’s forthcoming digital yuan rollout will not pose a threat to American dollar dominance, says a leading economist – although the Middle Kingdom has already “leapfrogged” the West when it comes to digital payment infrastructure and innovation. In an opinion piece published by Project Syndicate...

Why the Rise of the CBDC Is Bad for Your Privacy


Like, hate, or fear them, central bank digital currencies (CBDCs) are on their way. There will be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs. While most are being undertaken as pilots at this stage, China’s is all...

Russia and China De-dollarization Approaching ‘Breakthrough Moment’


China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between Russia and China was only 46% of settlements...

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