Tip: Digital currencies can exchange US dollars for global currencies.
According to China Financial Information Network, Beihang expert Cai Weide released the announcement of the Bank of England (BoE) "New Digital Currency" report, said it can move at high speed and promote the business improvement. This is confirmed by the fact that in the IMF's 2020 fact sheet, and in fact, the income from digital payments is higher than traditional bank funds (at a rate of 20 times or more). For example, during Bitcoin's bid for the US dollar event, which began in November 2020, Bitcoin's liquidity exceeded 98% of global fiat currency and jumped to 99% in March 2021, a large challenge. The US dollar (the # 1 liquid fiat currency) is both strong and goes from 98% to 99% volatile. Central banks recognize that cash flow is the key to improving digital currency and recognize the CBDC strategy outlined by the Bank of England in July 2019. 2019 has been a good year and digital currency (not to mention the digital benefits) has moved to the United States. dollar and has become the keystone of the world.
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