China’s Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says

“There are two goals for international digital currencies,” Zhou said. “The first one, which is also what China envisions is to develop digital payment and its use for retail system in the country, while the other goal is to cross-border payment for international financial institutions.” 

bitcoin
Bitcoin (BTC) $ 46,456.00
ethereum
Ethereum (ETH) $ 1,472.33
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 221.43
cardano
Cardano (ADA) $ 1.03
polkadot
Polkadot (DOT) $ 30.11
xrp
XRP (XRP) $ 0.433835
litecoin
Litecoin (LTC) $ 171.41
chainlink
Chainlink (LINK) $ 24.62
bitcoin-cash
Bitcoin Cash (BCH) $ 481.54