CBC Report on US $
This CBC report explains how US $ became the dominant world money.
And its prospect gave the latest financial war vs. Russia. 👇
There is no consensus on whether weaponizing the $ will lead to less adoption.
Some argue that the shift will happen, but gradually.
Last week, Biden signed an executive order on digital currency and digital assets.
It calls out the need to develop US CDBC or the digital dollar.
This is aimed to strengthen the dollar’s dominance in the digital age.