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ECNY (Digital Yuan)

software 1 mention from 1 sources

China's central bank digital currency, the world's first fully operational CBDC that enables transactions outside the US financial system.

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Tom Bilyeu mentioned ✓ High confidence
"The ECNY or the digital yuan is the world's first fully operational central bank digital currency and the SIP's payment system that it uses is set to work around the US financial system entirely."

Attribution: Tom mentions this as a factual example of China building alternatives to the US monetary system