Digital Dollars Triumph: China's De-Dollarization Paradox
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Bolivia's love for Chinese electric cars is creating a wild paradox: they're buying them with USDT, a crypto-dollar, not the Chinese yuan! Despite China's push for de-dollarization in Latin America, the digital dollar is gaining ground, overshadowing China's currency and even its digital yuan. Meanwhile, Bitcoin and Ether are flat, gold is soaring, and the Nikkei is up, but the real story is how the US dollar is finding new life in the digital realm, even in countries trying to ditch it. Hosted on Acast. See acast.com/privacy for more information.