This May, Chinese customers of American companies Starbucks, McDonalds and Subway will be amongst the 1st testers of China’s official digital yuan. Does China want its e-yuan up and running before the 2022 Olympics? What will be the global leading e-currency 5 years from now: a version of the ‘Facebook’ Libra adopted by the US Fed, the ECB digital € or the e-Yuan from China?
Take away on China’s view: “Blockchain is 10 times more valuable than the internet!”
A must-read: https://www.ledgerinsights.com/china-digital-currency-wallet-dcep-cbdc/
