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Meanwhile, China has been slowly rolling out a digital version of its yuan, also inspired by bitcoin and crypto, in an attempt to both control the domestic flow of money among its citizens and compete with the U.S. dollar for global trade.
Billy Bambrough (9 March 2024).
"‘More Dangerous’ Than Nukes—China And Russia Revealed To Be Suddenly Abandoning The U.S. Dollar For A Bitcoin, Ethereum And XRP-Inspired Rival Amid Crypto Price Pump"
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Forbes
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