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RewindAgain@futurology.today to Futurology@futurology.todayEnglish · 5 months ago

A China-linked consortium is exploring a renminbi-based stablecoin aimed at settling trade outside SWIFT. If successful, it could erode the dollar’s leverage in emerging-market commerce.

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A China-linked consortium is exploring a renminbi-based stablecoin aimed at settling trade outside SWIFT. If successful, it could erode the dollar’s leverage in emerging-market commerce.

archive.ph

RewindAgain@futurology.today to Futurology@futurology.todayEnglish · 5 months ago
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  • cyborganism@piefed.ca
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    5 months ago

    Is that good? It sounds good.

  • Rimu@piefed.social
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    5 months ago

    Rumours like this have been circulating for a decade or more.

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