#RWA Our ancestors' teachings: Take it slow and steady, openly build the plank road while secretly attacking Chencang, rather than "my country is so powerful." So: Don't try to replace the US dollar simplistically. Don't challenge the decentralized global consensus with a centralized sovereign currency. Don't hope that the digital RMB can establish RMB hegemony internationally. Openly build a dollar stablecoin while secretly using a RMB stablecoin, and experiment with a supranational currency backed by real assets.
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