There is a lot of speculation that the CBDC from China, the Yuan, will replace the US Dollar. This is an absurd idea. It is not going to happen.
In this video I discuss how the Yaun could have some impact but it will not be internationally. There is a reason why the reserve currency doesn't change very often and it takes a lot more than just a strong economy or political strength to become that.
▶️ 3Speak