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Coin Edition 2023-08-09 10:16:27

China’s Blockchain-based Project Threatens US $7T Dominance

China’s newest blockchain project challenges the US dollar’s dominance of global money, and daily foreign exchange (FX) flows. The project “mBridge” could make it easier for China’s yuan to be used as a dollar alternative by enabling its digital form to settle large corporate transactions, according to Bloomberg. MBridge is the third phase of a The post China’s Blockchain-based Project Threatens US $7T Dominance appeared first on Coin Edition .

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