Weekly Rundown: U.S. Moves Closer To Digital Dollar
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Happy Independence weekend and welcome to another edition of the Weekly Rundown, the go-to newsletter for 10,000+ investors globally. This week, the Senate Banking Committee held a hearing on the future of the digital dollar. The pressures to create a digital USD are mounting as China recently began testing its own digital currency - the DC/EP, which will be included in popular applications like WeChat and AliPay. Of particular concern is widespread adoption of a digital yuan in emerging markets and in international trade.
Weekly Rundown: U.S. Moves Closer To Digital Dollar
Weekly Rundown: U.S. Moves Closer To Digital…
Weekly Rundown: U.S. Moves Closer To Digital Dollar
Happy Independence weekend and welcome to another edition of the Weekly Rundown, the go-to newsletter for 10,000+ investors globally. This week, the Senate Banking Committee held a hearing on the future of the digital dollar. The pressures to create a digital USD are mounting as China recently began testing its own digital currency - the DC/EP, which will be included in popular applications like WeChat and AliPay. Of particular concern is widespread adoption of a digital yuan in emerging markets and in international trade.