During a recent meeting of Chinese legislators, one group the creation of a local, regional digital currency. Referred to in the proposal as a “stable digital currency” — and in the media as the “East Asia” or “pan-Asian” digital currency — the proposed currency is aimed at facilitating cross-border transactions in the region.
Continue read: https://www.okex.com/academy/en/chinas-pan-asian-digital-currency-plan-and-the-push-to-break-down-usd-dominance
