MYOBTC on Nostr: Yuan Overtakes Dollar as China’s Most Used Cross-Border Currency China passed ...

Yuan Overtakes Dollar as China’s Most Used Cross-Border Currency

China passed another milestone in its bid to reduce reliance on the dollar, as yuan usage in its cross-border transactions jumped ahead of the greenback’s for the first time in March.

https://www.bloomberg.com/news/articles/2023-04-26/yuan-overtakes-dollar-as-china-s-most-used-cross-border-currency?leadSource=uverify%20wall