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I think there is no reason to be excited with that announcement Huawei only supports digital yuan and not Bitcoin and Altcoins it's different on Paypal because they are already supported Bitcoin and altcoins while Huawei is not, digital yuan is CBDC a centralized stablecoin, and it is not beneficial to the crypto market for me Samsung is much better because they include decentralized cryptocurrencies like Bitcoin, Ethereum, etc. so lets put it that way.
Was supposed to say the same thing. Im bit confused or got curios on whats CBDC which is C
hina’s central bank digital currency i believe which its indeed a stable coin.
Does it really ring a bell? This is just an another transition where fiat to digital ones.Expecting for Huawie on adding it up since its a Chinese company so theres nothing
to be excited about but at least we are seeing some adoption on here.It might be directly engaging with bitcoin itself and other altcoins out there.
This isnt something to be compared with that Samsung and Paypal adoption.