HC Tang

Financial Enthusiast, Budgeting at The Society

28 Aug 2020

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What do you think of stable coin: e-RMB?

What do you think of stable coin: e-RMB? Consider China starts to open up, develop REITS, speed up their financial market, and welcome funds to comes in and to learn from the west to develop more products and for A-share to raise funds. What will be the impact of e-RMB in line with all of these?

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Lee John

28 Aug 2020

It is just a digital version of the RMB. It reduces need of physical curreny in circulation.

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