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The link to the article is at the top of the quoted texted.
Here it is again-
https://investoffshore.com/chinas-cross-border-digital-rmb-payment-system-challenges-dollar-dominance/
The author does not appear to provide sources for all the numbers used but there is another link provided by the author at the bottom of the article to another related article further elaborating on the topic too-
https://investoffshore.com/chinas-cross-border-digital-rmb-payment-system-a-new-era-for-global-finance/
As China increasingly controls trade payments there will be some demand for a currency not controlled by China or the US. Bitcoin could/should! be that currency. It is neutral and open equally to all.
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This makes sense to me and I appreciate the numbers. Thank you for sharing this info. I didn’t know RMB had already so much traction. Do you mind providing sources for those numbers?
I would hope that Bitcoin will become the global settlement layer that everyone hates but only thing that everyone can accept because nobody controls it. What can be done to help that future to happen? Or at least permissionless on/off ramp to Bitcoin.