The development of cryptocurrencies and financial technologies may well lead to the fact that by 2035-2040 new digital assets will appear that will replace world currencies (dollar, euro).
Alexei Ulitenko, Vice President for Business Development in Europe and CIS of Unex Corporation, Independent Director of the Federal Property Management Agency, Member of MRO Delovaya Rossiya Alexei Ulitenko told URA.RU about this.
Also, in his opinion, very soon China’s national currency will strengthen its position in the global financial market. Experts call the yuan a likely candidate for the global reserve asset position
“Despite the fact that predicting long-term trends in the global economy is a difficult task, experts believe that the currencies of developing countries, such as China, have good prospects for strengthening their position in the world market in the decades to come,” Ulitenko said. added.
Earlier it became known that the process of dedollarization has been launched and is continuing in the world, said Deputy Foreign Minister of the Russian Federation Alexander Pankin. He says that sooner or later the dominance of this currency will end.
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