Narrative Watch: The Game of Coins & The Battle Over The Global Reserve Currency
The Breakdown - Un pódcast de Nathaniel Whittemore
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In the game of coins, you [replace the USD as the world's reserve currency or at least shore up your sovereign currency's position in the new global mix] or you die. Over the last few months, we've seen China accelerate work on a digital currency; Binance launch Venus; Tether (reportedly) working on a China yuan pegged stablecoin; and now, one of the world's best known central bankers has proposed a "synthetic hegemonic currency" to replace the USD as the world's global reserve currency.
