The Chinese regime is planning to promote its newly developed digital yuan at the upcoming Beijing Winter Olympics. Experts have warned that the digital currency could threaten the hegemony of the U.S. dollar in the future.
The Winter Olympics is several weeks away. The Chinese regime’s official news agency Xinhua said last month that the digital yuan is ready to serve during the games: People can use it “either through wallet apps installed on their mobile phones or via physical wallets in the forms of cards and wearables such as smartwatches and ski gloves or badges.”
