1/ As more countries research a potential CBDC, China is rolling out a robust distribution strategy for its digital yuan. It’s only a matter of time before payments in Asia (and beyond) look drastically different, likely heavily influenced by China. fortune.com/2020/07/08/chi…
2/ There’s potential to make Didi (Chinese Uber) a massive payments player in short order, but also interesting that Didi was selected to pilot this ahead of incumbent digital wallets - Alipay, WeChat, etc.
3/ Where does this leave Chinese retail banks? Is China's CBDC strategy to level the playing field, or are they moving away from bank pilots to give upstarts an advantage?
