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UAE, China break ground with $13m in CBDC transaction

UAE, China break ground with $13m in CBDC transaction


Cryptopolitan
2024-02-03 01:58:04

A groundbreaking financial maneuver has just unfolded as the United Arab Emirates and China marked a significant milestone in the realm of digital currency, executing a cross-border transaction that didn’t just whisper but roared a challenge to the traditional hegemony of the dollar in Asia. This historic transaction, utilizing the mBridge infrastructure, saw the exchange


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