Digital Yuan vs. Dollar: Why China’s New Currency Won’t Win

1 month ago

China’s digital yuan, or e-CNY, is being pitched as a game-changer to challenge the U.S. dollar’s global dominance. With cool tech like instant payments and new international hubs, it sounds promising. But the e-CNY is stuck with the same problems as China’s regular currency: tight controls, limited investment options, and unclear laws. This video explains why the dollar stays on top, how China’s economy holds back the e-CNY, and why it’s unlikely to replace the dollar anytime soon. From trade surpluses to weak legal systems, we break it down in simple terms. Subscribe for more on global finance!
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