Re: Will the Digital Yuan makes China even more powerful?

Quote from: KenCryptos on October 28, 2020, 09:08:30 AM

China has been testing the Digital Yuan and soon the Digital Yuan (DCEP) will be implemented soon. Will this move make China even more independent and more powerful? And what are the consequences for the world trade?

Read the article: China Soon to Legalize Digital Yuan and Ban Other Stablecoins, DCEP to Work With WeChat and AliPay

I don't think so. China is a big country and there has many states. Only one state itself can't make huge contribution and will show more power. But if the roadmap gets successful then it can contribute huge to the world trade otherwise I can't predict much right now.