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翻译编辑:清波门 /南外英语系群


China’s new digital currency could encourage worldwide use of the yuan, says CEO

PUBLISHED THU, SEP 12 2019  11:51 PM EDTUPDATED FRI, SEP 13 2019  12:12 AM EDT


美国东部时间2019年9月13日星期五下午11:51,美国东部时间2019年9月13日上午12:12 刊发



  • The People’s Bank of China (PBOC) last month said it’s close to launching its own digital yuan, arguing that the rationale behind the move is to “protect” its foreign exchange sovereignty.
  • 中国人民银行(PBOC)上月表示,即将推出自己的数字人民币,理由是此举是为了“保护”其外汇主权。

  • “This becomes a mechanism by which (the yuan) can be used in everyday transactions all around the world,” said Circle CEO Jeremy Allaire.
  • 首席执行官杰里米•阿莱尔(Jeremy Allaire)表示:“这变成了一种机制,(人民币)可以用于全球各地的日常交易。”

China’s proposed digital currency could trigger global use of the yuan, according to the CEO of American cryptocurrency financial services firm Circle.

The People’s Bank of China (PBOC) last month announced that it’s close to launching its own digital currency, saying that the rationale behind the move is to “protect” its foreign exchange sovereignty.

This becomes a mechanism by which (the yuan) can be used in everyday transactions all around the world.

Jeremy Allaire





China’s central bank plans to launch its digital token through a two-tier system, under which both the PBOC and commercial banks would be legitimate issuers.

“I look at this really meeting several goals. But, I think the bigger opportunity here is this is a way for the Chinese yuan to be distributed globally,” Circle CEO Jeremy Allaire told CNBC’s “Squawk Box” on Wednesday.
:“我认为这确实达到了几个目标。但我认为这里更大的机会是,这是一种让人民币在全球流通的方式。Circle首席执行官杰里米•阿莱尔(Jeremy Allaire)周三在CNBC的“Squawk Box”节目中表示

“This becomes a mechanism by which (the yuan) can be used in everyday transactions all around the world,” added Allaire, an internet entrepreneur who also founded video streaming firm Brightcove. “It’s ultimately a foundation for the internationalization” of the yuan.

Beijing has in recent years pushed hard to get more international entities to use the yuan outside China.

The U.S. dollar is currently the world’s “reserve currency” — about 58 percent of all foreign exchange reserves in the world are in U.S. dollars, according to the IMF, and about 40 percent of the world’s debt is denominated in dollars.

Mu Changchun, deputy director of the PBOC’s payments department, said that the new digital currency will have similarities to Facebook’s proposed Libra coin. It would be as safe as central-bank issued paper notes, he claimed, and could be used on platforms such as Tencent’s WeChat and even without an internet connection.

Libra, which was unveiled in June, will be backed by relatively stable government-backed money — unlike bitcoin and other cryptocurrencies, which can be highly volatile and speculative.

Facebook says it’s designed to enable anyone to securely store money for free on their phone and to allow people to securely send and receive Libra around the world.

Allaire pointed out that China’s proposed digital currency “bypasses the Western banking system, SWIFT, things like this.” He was referring to the Belgium-based Society of Worldwide InterBank Financial Telecommunications that enables financial institutions to send and receive information on cross-border payments.
阿莱尔指出,中国提议的数字货币“绕过了西方银行系统SWIFT之类的东西”。他指的是总部位于比利时的全球银行间金融电信协会(Society of Worldwide InterBank Financial Telecommunications)。该协会允许金融机构发送和接收跨境支付信息。

The digital currency is “quite strategic,” he said. Allaire added that it would let authorities more easily track monetary supply — allowing Beijing to tackle issues such as corruption and money laundering.

— Reuters, along with CNBC’s Julia Boorstin, contributed to this report.              —— 路透社 与CNBC茱莉亚鲍斯汀联合报道


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