China runs massive trade surpluses with North America and Europe. Those markets pay in US Dollars or in Euro. Every day China earns about $2.7 billion USD ...
Yeah, I think it’s pretty obvious that BRICS isn’t going to use some half baked crypto scheme as their reserve. I expect that something along the lines of Bancor is most likely.
Yeah, I think it’s pretty obvious that BRICS isn’t going to use some half baked crypto scheme as their reserve. I expect that something along the lines of Bancor is most likely.