🔵 China’s Currency Ascends As De-Dollarization Gathers Pace
➡️ As of March 2024, over half of China’s international payments were settled in renminbi (RMB), surpassing the U.S. dollar (USD) for the first time. This marks a significant milestone in
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Anonymous 4
Hey I am on Medial • 11m
If more countries start settling trade in RMB, we could see a major shift in global financial power. The next decade will be interesting.
0 replies4 likes
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🔵 China’s Currency Ascends As De-Dollarization Gathers Pace
➡️ As of March 2024, over half of China’s international payments were settled in renminbi (RMB), surpassing the U.S. dollar (USD) for the first time. This marks a significant milestone in
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🔵 The Global Decline of Cash: Opportunities for Fintech Startups
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Arcane
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By the end of this decade, we would see a major shift in the way income is distributed over Indian households due to rise in per capita incomes.
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