China's yuan is leading the digital currency movement — the U.S. is still on the fence
14:50
CNBCDain Evans
China's yuan is leading the digital currency movement — the U.S. is still on the fence
The U.S. dollar remains the world's de facto monetary reserve, but with China going full speed ahead with its digital yuan, the U.S. dollar faces a challenge: follow the trend, find a better alternative or risk losing its place in the world economy.
Jul 24, 2021
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13K views · 521 reactions | China has launched a pilot program of digital yuan or RMB in southern Chinese city of Shenzhen. Follow CGTN to see what it looks like and how to use it. The digital currency can be spent without using the internet. | CGTN | Facebook
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