this post was submitted on 10 Jul 2025

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A China-linked consortium is exploring a renminbi-based stablecoin aimed at settling trade outside SWIFT. If successful, it could erode the dollar’s leverage in emerging-market commerce. (archive.ph)

submitted 1 week ago by RewindAgain to c/futurology

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[–] rimu@piefed.social 2 points 1 week ago

Rumours like this have been circulating for a decade or more.