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The possibility of the Chinese yuan replacing the USD as the world reserve currency remains uncertain. Recent news includes the yuan weakening further against the US dollar and BofA Securities predicting it may strengthen to 6.9 by year-end. Additionally, Argentina's move to pay China in yuan highlights the trend of de-dollarisation. However, such shifts are complex and influenced by various economic, political, and global factors.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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