宋清辉：数币系统对国际金融结算秩序影响重大 或重构全球金融秩序

Group 1 - The digital currency system offers near "real-time" transaction settlement and significantly reduces fees by bypassing intermediary banks [1][7] - The system is based on blockchain technology, providing traceability and potential automatic compliance features, presenting an alternative to the USD and SWIFT systems [1][7] - The successful implementation of the digital currency system may encourage traditional cross-border payment systems to upgrade their technology and services [1][7] Group 2 - The digital RMB system supports point-to-point real-time transactions, reducing intermediary steps, thus lowering payment costs and enhancing efficiency compared to the SWIFT system [3][4] - The digital currency bridge project connects the digital RMB system with multiple currency wallets, allowing for automatic transfers without manual approval [4] - The digital currency system is expected to play a significant role in the ongoing trend of "de-dollarization," providing a Chinese solution for the reconstruction of international financial settlement orders [3][4][10] Group 3 - The digital currency system's cross-border clearing speed is significantly faster, with transactions completed in under 10 seconds, making it attractive for commercial and trade activities [8] - Central Bank Digital Currencies (CBDCs) are likely to replace the USD, with China's early research and testing of the digital RMB positioning it advantageously in international trade [9][10] - The digital RMB's emergence may signal the beginning of the end for the current reserve currency model, as it leverages speed and cost advantages in international trade [10]