Why Bitcoin could favor USD dominance over Digital Yuan
April 09 2021 - 4:00PM
NEWSBTC
Contrary to what many in the crypto space are discussing, Senior
Commodity Strategist for Bloomberg, Mike McGlone, has made the case
for Bitcoin being beneficial for the U.S. dollar over China’s
digital Yuan. According to McGlone, the cryptocurrency is
“eclipsing” Yuan’s global adoption. Specifically, the U.S. dollar
is showing “organic adoption” in the digital ecosystem, […]
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