A new step in China's central bank digital yuan strategy: the country, which has a strong position in the crypto and blockchain markets, is now introducing an interest mechanism to its CBDC. This move will enable digital currencies to compete with traditional financial instruments. This development, which further consolidates China's advantage in the global CBDC race, could also serve as a guide for other countries' central banks.
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PhantomHunter
· 11h ago
China's latest move is truly impressive; the digital yuan's interest rate mechanism directly hits the face of traditional finance...
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SchrodingerAirdrop
· 11h ago
China is playing chess again, with the digital yuan interest rate mechanism... Are they about to officially crush traditional finance?
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EternalMiner
· 11h ago
China's move is truly clever—digital yuan interest rate mechanism? Brilliant, directly upgrading the central bank digital currency from a payment tool to a financial product.
A new step in China's central bank digital yuan strategy: the country, which has a strong position in the crypto and blockchain markets, is now introducing an interest mechanism to its CBDC. This move will enable digital currencies to compete with traditional financial instruments. This development, which further consolidates China's advantage in the global CBDC race, could also serve as a guide for other countries' central banks.