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Chinese digital yuan CBDC used for first time to settle cross-border oil deal

October 23, 2023 by DIGIT
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CBDC and de-dollarization saw major strides last week with the 1-million barrel deal on the Shanghai Petroleum and Natural Gas Exchange.

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Categories Bank of China, CBDC, China, Yuan
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  • bitcoinBitcoin(BTC)$89,785.00-1.37%
  • ethereumEthereum(ETH)$3,079.38-3.05%
  • tetherTether(USDT)$1.000.01%
  • solanaSolana(SOL)$232.437.37%
  • binancecoinBNB(BNB)$617.02-1.71%
  • rippleXRP(XRP)$1.05-10.32%
  • dogecoinDogecoin(DOGE)$0.357311-3.68%
  • usd-coinUSDC(USDC)$1.000.04%
  • staked-etherLido Staked Ether(STETH)$3,075.97-3.13%
  • cardanoCardano(ADA)$0.72-5.39%
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  • bitcoinBitcoin(BTC)$89,785.00-1.37%
  • ethereumEthereum(ETH)$3,079.38-3.05%
  • tetherTether(USDT)$1.000.01%
  • solanaSolana(SOL)$232.437.37%
  • binancecoinBNB(BNB)$617.02-1.71%
  • rippleXRP(XRP)$1.05-10.32%
  • dogecoinDogecoin(DOGE)$0.357311-3.68%
  • usd-coinUSDC(USDC)$1.000.04%
  • staked-etherLido Staked Ether(STETH)$3,075.97-3.13%
  • cardanoCardano(ADA)$0.72-5.39%