人民币逆袭！十年布局三大杀招，全球资本涌入中国，去美元化提速

Core Viewpoint - The article discusses the rise of the Chinese yuan (RMB) as a challenge to the dominance of the US dollar, highlighting three key strategies: the introduction of digital yuan, the promotion of oil transactions in yuan, and the tokenization of real-world assets (RWA) [2][21]. Group 1: Digital Yuan - The digital yuan (e-CNY) is positioned as a new channel for global value transmission, breaking the monopoly of SWIFT and CHIPS in cross-border payments [4][6]. - The digital yuan's pilot program has expanded to 26 cities, with plans to cover 25% of M0 by 2030, integrating into daily payments and cross-border settlements [6][8]. - It serves as a tool for precise execution of macroeconomic policies, enabling direct subsidies to small enterprises and automating carbon credit transactions [6][8]. Group 2: Oil Transactions in Yuan - The RMB aims to disrupt the dollar's dominance in global oil trade, which has historically been dollar-denominated, by establishing the yuan as a currency for oil transactions [10][12]. - Major oil-producing countries, including Russia and Iran, are increasingly accepting yuan for oil transactions, indicating a shift towards de-dollarization [12][14]. - China is working to establish an Asian energy pricing center in yuan, which could lead to a multi-polar energy pricing system [12][14]. Group 3: Tokenization of Real-World Assets (RWA) - RWA tokenization aims to create a stable asset pool linked to the real economy, enhancing the attractiveness of RMB-denominated assets [16][18]. - This process involves converting illiquid assets into tradable digital tokens, facilitating investment in Chinese real assets and providing stable cash flow returns [18][20]. - The shift from using RMB for trade settlements to asset investments is expected to enhance the RMB's role as a store of value [18][21]. Group 4: Overall Impact on Global Financial System - The combination of digital yuan, oil transactions in yuan, and RWA tokenization is creating a parallel value network to the dollar system, promoting a more equitable global financial order [21][23]. - The RMB's rise is not aimed at outright replacing the dollar but rather at restructuring the global monetary system towards a more inclusive framework [23][25]. - The gradual marginalization of the dollar's influence is anticipated as the RMB gains traction in global trade and investment [25].