Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar

Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar



The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which targets underserved regions like ASEAN, could reshape global finance and challenge the U.S. dollar’s dominance while requiring careful coordination to maintain […]



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Pin It on Pinterest