The Yuan Is Knocked Back 10 Years, With Payment Share at Just 2%, Globalization a Complete Failure
The Yuan Is Knocked Back 10 Years, With Payment Share at Just 2%, Globalization a Complete Failure
Udumbara
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Recently, the topic of the failed internationalization of the RMB has become a hot topic in public opinion. On June 19th, SWIFT released the latest RMB Tracker data, showing that in May 2025, the RMB’s share in global payments by value was only 2.89%, ranking sixth, which even falls behind the Canadian Dollar's 3.11%. This figure has significantly dropped from 4.13% in March and 3.5% in April.
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