🌍 World-Changing News!
💠 The Digital Yuan and a New Financial Era
✍️ Shariq Ali
Valueversity
The People’s Bank of China has made a historic announcement
China’s digital currency (Digital Yuan) is now connected with 16 countries across Asia and the Middle East.
This means that nearly 38% of the world’s trade can now take place without using the traditional U.S. dollar system,
and transactions will happen directly in Digital Yuan.
Previously, international payments used to take 3 to 5 days,
but China’s new digital settlement system can now complete transactions in just 7 seconds,
while reducing fees by 98%.
This currency operates on blockchain technology,
making every transaction transparent, secure, and lightning-fast.
Many countries have already started using it for trade and energy transactions.
According to experts, this marks a major turning point —
a practical step toward what they call “de-dollarization”, or freedom from dollar dominance.
💬 In simple words:
The world has entered a new financial era,
and it seems that China is now leading the way.
