#USElectronicsTariffs A new financial earthquake from the heart of China!#Chinais launching a revolution in the world of digital payments, ushering in a new era of speed and monetary sovereignty – transfers can be completed in just 7 seconds!

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In a surprising move, China announced linking the digital yuan to 16 Asian and Arab countries, bypassing the traditional US-based SWIFT system.

These are the 10 most prominent facts shaking the foundations of the global economy:

1. China links its digital system to 10 countries in Asia and 6 in the Middle East, covering 38% of global trade outside of SWIFT.

2. Settlement time has been reduced from 3-5 days to just 7 seconds thanks to blockchain technology.

3. Fees have been reduced by 98% in the first trial between Hong Kong and Abu Dhabi.

4. The digital yuan operates without intermediaries, relying on a distributed ledger technology (DLT), increasing transparency and efficiency.

5. The system imposes automatic anti-money laundering measures, raising concerns in the West.

6. The first cross-border payment was completed in 8 seconds between China and Indonesia under the "Two Countries, Two Parks" project.

7. A 75% reduction in settlement costs in the Middle East's energy sector.

8. Settlement volume with ASEAN is expected to reach 5.8 trillion yuan in 2024 – a 120% increase over 2021.

9. The digital yuan is already being used in Belt and Road projects, railways, and quantum communications.

10. 87% of the world's countries have begun adapting to the new system, and the Chinese payment network covers 200 countries.