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Recent discussions suggest the Chinese Yuan (CNY) might overtake the US Dollar (USD). However, economically, it's unlikely for the CNY to fully replace the USD anytime soon. Despite the CNY becoming the most used cross-border currency in China for some transactions, the USD remains dominant in global finance and forex markets. From 1981 to 2024, both currencies have evolved, with fluctuations in their forex prices reflecting economic and geopolitical shifts.

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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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