China Accelerates Global Dominance of Digital Yuan with Belt and Road Initiative

Suncryptoacademy15 May, 2023Education

China's Belt and Road Initiative is one of the most ambitious infrastructure plans in the world. This initiative aims to improve regional cooperation through improved connectivity. Meanwhile, the initiative is entirely physical in nature and focuses on enhancing road connectivity. However, the country's digital infrastructure plans for cross-border trade have the potential to revolutionize the face of international payments in the commercial realm. This is due to the fact that the project brings together stakeholders from over 150 nations.