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Digital renminbi is de-dollarizing USD. Jeng3x
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ed1torz
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May 16 2025, 01:02 PM
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Misconception
Since almost every country are linked to China to certain transactions, China will not let this risk for long. It is not about dedollarize, more of supressing the risk transaction cannot be completed due to any reason whatsoever.
From chinese point of view, they dont care politics. Its all end up with money and business continuity
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ed1torz
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May 16 2025, 01:11 PM
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QUOTE(jay @ May 16 2025, 01:06 PM) as long as china dont over print their RMB like what japanese did during WW2 it will be fine using RMB for transaction. USD was used internationally because of its trust but recently it has been over printing and causing economy collapse thats why ppl start to have the idea of de-dollarizing RMB is not e-CNY https://www.bis.org/publ/bppdf/bispap123_e.pdfThis post has been edited by ed1torz: May 16 2025, 01:12 PM
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