China's digital yuan could challenge the dollar in international trade this decade, fintech expert predicts - CNBC

3/15/2022 12:00:00 AM3 years 1 month ago
by Eustance Huang
by Eustance Huang
Nations are likely to look for alternative payment systems to reduce their current dependence on the dollar, says Richard Turrin.
China's nascent digital yuan is set to challenge the dollar's domination of international trade settlements in the next decade, according to Richard Turrin, author of "Cashless: China's Digital Curre… [+1490 chars]
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