Digital Yuan Will Have a Hard Time Displacing Tether in Asia By Cointelegraph

China’s central bank digital currency is usually identified as a way to challenge the dominance of the U.S. dollar, not (BTC). But it may struggle to find adoption in niches where crypto versions of the dollar thrive, primarily Tether (USDT).

At the Unitize panel on Monday, Charles Yang from Genesis Block explained why the DCEP, commonly referred to as digital yuan, is not particularly attractive as a crypto replacement.

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