May 22, 2021 04:41 PM (GMT+8) · EqualOcean
Zhou Xiaochuan, honorary Dean of Wudaokou School of finance, Tsinghua University, clarified the misunderstanding about digital currency, including that China's digital currency should replace the status of US dollar as reserve currency and international payment currency; The digital currency should be closely linked with the internationalization of RMB; Decp and e-cny want to replace the role of third-party payment. Zhou Xiaochuan said that the development of decp is mainly based on the modernization of China's domestic payment system, keeping up with the pace of the digital economy and the Internet era, improving efficiency and reducing costs, especially serving the retail payment system. The purpose and direction of the design did not want to replace the US dollar as a reserve currency and an international payment currency.

This text is a result of machine translation.