Cryptocurrency Q&A Is China trying to replace the dollar?

Is China trying to replace the dollar?

JejuSunrise JejuSunrise Wed Nov 13 2024 | 7 answers 1456
Some people believe that China is attempting to replace the dollar as the global reserve currency. However, this is not a replacement but an evolution of global currencies. The yuan's increasing international use reflects economic and trade shifts, not a concerted effort to oust the greenback. Is China trying to replace the dollar?

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