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Janan4128
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The Cross-Border Interbank Payment System (CIPS) is about to make a big move! The central bank, in collaboration with multiple departments, has officially announced: CIPS is set for a comprehensive upgrade, focusing on the introduction of blockchain technology to create a more secure and efficient payment system! Significant enhancements in functionality, with increased global network coverage, will enable digital RMB cross-border payments to reach every corner of the world. The U.S. dollar index and gold have been acting unpredictably lately, and the dollar probably feels lost: What? Is the RMB going to overtake from behind? Come on, you’ve been leading for so many years, how can you complain about being overtaken? Right! Of course, some friends might ask: Can the internationalization of the RMB happen so quickly? Isn't there a whole fleet of “aircraft carriers” protecting the dollar's global hegemony? Hold on, the transaction volume of CIPS has exceeded 100 trillion RMB, covering over 110 countries and regions worldwide! This upgrade centers around blockchain technology, making RMB payments as convenient as a global VIP level! Will the dollar's status be shaken? It's not an overnight change but a gradual development. The RMB's share in international trade settlement has soared to 24%, hitting a historic high! Settling in RMB has become a trend among countries along the Belt and Road! Right now, gold and Bitcoin are hammering down hard on the dollar; the dollar is almost going bald! At this moment, pushing for blockchain-driven CIPS is simply the perfect timing! #人民币国际化 #CIPS #区块链技术 #美元霸权
The Cross-Border Interbank Payment System (CIPS) is about to make a big move! The central bank, in collaboration with multiple departments, has officially announced: CIPS is set for a comprehensive upgrade, focusing on the introduction of blockchain technology to create a more secure and efficient payment system! Significant enhancements in functionality, with increased global network coverage, will enable digital RMB cross-border payments to reach every corner of the world.
The U.S. dollar index and gold have been acting unpredictably lately, and the dollar probably feels lost: What? Is the RMB going to overtake from behind? Come on, you’ve been leading for so many years, how can you complain about being overtaken? Right!
Of course, some friends might ask: Can the internationalization of the RMB happen so quickly? Isn't there a whole fleet of “aircraft carriers” protecting the dollar's global hegemony? Hold on, the transaction volume of CIPS has exceeded 100 trillion RMB, covering over 110 countries and regions worldwide! This upgrade centers around blockchain technology, making RMB payments as convenient as a global VIP level!
Will the dollar's status be shaken? It's not an overnight change but a gradual development. The RMB's share in international trade settlement has soared to 24%, hitting a historic high! Settling in RMB has become a trend among countries along the Belt and Road! Right now, gold and Bitcoin are hammering down hard on the dollar; the dollar is almost going bald! At this moment, pushing for blockchain-driven CIPS is simply the perfect timing!
#人民币国际化 #CIPS #区块链技术 #美元霸权
🇨🇳💥 CHINA JUST PULLED THE PIN — THE GLOBAL FINANCIAL RESET IS LIVE ⚡ While Wall Street argues over rate cuts and crypto traders chase the next meme coin, Beijing just made its loudest move yet in the currency wars — and it could rewrite who owns the future of money. 🏦🌏 🔥 The Shockwave: The Petro-Yuan Is Officially Rolling Oil, gas, and metals — once chained to the almighty U.S. dollar — are now flowing through yuan pipelines. China just inked multi-billion-dollar deals with Russia, Saudi Arabia, and Brazil — all settled outside the dollar system. And they didn’t stop there. CIPS (China’s SWIFT alternative) is now processing digital yuan payments across borders — faster, cheaper, and completely immune to U.S. sanctions. 🚀 💣 What This Really Means • The petrodollar’s armor is cracking • The Federal Reserve loses global dominance • Nations are quietly ditching USD reserves for CNY and gold • A new trade bloc is emerging — and it speaks Mandarin, not English This isn’t just a currency shift. It’s a tectonic power move — financial gravity moving East. 🌏 The U.S. dollar ruled for 80 years. But history’s clock just ticked. A new era is unfolding — and it’s painted red and gold. 🧧💴 Stay awake. The Yuan Empire isn’t coming. It’s already here. 🔥 #China #Yuan #DeDollarization #GlobalShift #CIPS #BRICS #FinancialRevolution #crypto #Gold
🇨🇳💥 CHINA JUST PULLED THE PIN — THE GLOBAL FINANCIAL RESET IS LIVE ⚡

While Wall Street argues over rate cuts and crypto traders chase the next meme coin, Beijing just made its loudest move yet in the currency wars — and it could rewrite who owns the future of money. 🏦🌏

🔥 The Shockwave: The Petro-Yuan Is Officially Rolling

Oil, gas, and metals — once chained to the almighty U.S. dollar — are now flowing through yuan pipelines.
China just inked multi-billion-dollar deals with Russia, Saudi Arabia, and Brazil — all settled outside the dollar system.

And they didn’t stop there.
CIPS (China’s SWIFT alternative) is now processing digital yuan payments across borders — faster, cheaper, and completely immune to U.S. sanctions. 🚀

💣 What This Really Means
• The petrodollar’s armor is cracking
• The Federal Reserve loses global dominance
• Nations are quietly ditching USD reserves for CNY and gold
• A new trade bloc is emerging — and it speaks Mandarin, not English

This isn’t just a currency shift.
It’s a tectonic power move — financial gravity moving East. 🌏

The U.S. dollar ruled for 80 years.
But history’s clock just ticked.
A new era is unfolding — and it’s painted red and gold. 🧧💴

Stay awake. The Yuan Empire isn’t coming.
It’s already here. 🔥

#China #Yuan #DeDollarization #GlobalShift #CIPS #BRICS #FinancialRevolution #crypto #Gold
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⚡️#Грузия is stocking up on plan B — may switch to the Chinese payment system CIPS! 🇬🇪 After the threat of disconnection from SWIFT, the National Bank of Georgia is urgently discussing connecting to the Chinese alternative — the CIPS system. A meeting has already taken place in Tbilisi between the head of the National Bank, Natia Turnava, and CIPS president Fu Huang. 💬 Amid pressure from the EU, Georgia decided not to wait for the weather by the sea — Beijing is closer than Brussels. 😏 While SWIFT threatens, CIPS is already waving: "Hello, we have been waiting for a long time." #Tgtrnd #SWIFT #CIPS
⚡️#Грузия is stocking up on plan B — may switch to the Chinese payment system CIPS!

🇬🇪 After the threat of disconnection from SWIFT, the National Bank of Georgia is urgently discussing connecting to the Chinese alternative — the CIPS system. A meeting has already taken place in Tbilisi between the head of the National Bank, Natia Turnava, and CIPS president Fu Huang.

💬 Amid pressure from the EU, Georgia decided not to wait for the weather by the sea — Beijing is closer than Brussels.

😏 While SWIFT threatens, CIPS is already waving: "Hello, we have been waiting for a long time."

#Tgtrnd #SWIFT #CIPS
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The central bank issued new CIPS regulations to strengthen account security and solidify risk control bottom lines On December 26, the People's Bank of China officially released the new version of the "Renminbi Cross-Border Payment System Business Rules," aimed at providing more robust institutional guarantees for the safe and efficient operation of the Renminbi Cross-Border Payment System (CIPS) by strengthening account management, optimizing capital flows, and clarifying business boundaries. The new rules strengthen the central bank's unified centralized management of operational institutions' capital accounts. The rules require that operational institutions may open dedicated clearing accounts with the People's Bank of China based on CIPS business needs, for the centralized storage of all participants' business settlement funds. At the same time, CIPS accounts must be separately accounted for with the operational institutions' own funds, and it is strictly prohibited to open accounts in commercial banks to store these settlement funds, aimed at preventing the risk of clearing funds' accumulation and mixed use, ensuring the safety of funds. This adjustment will directly affect the liquidity management model of CIPS participants. Among them, participants who open accounts with CIPS may independently or designate a custodian institution to open clearing accounts with the People's Bank of China, flexibly carry out liquidity management, and improve capital utilization efficiency. Furthermore, all accounts must comply with the rule of "no overdraft, with a zero balance at the end of the day," ensuring that the overall operational risks of the system are controllable. In addition, the new rules also clearly define and restrict the business scope of direct participants in financial market infrastructure (such as exchanges, central counterparties, etc.). Such participants are required to settle funds through CIPS accounts based on the functional requirements of their trading systems, securities settlement systems, or central counterparty clearing. Participants are not allowed to unilaterally expand their service scope, add service objects, or change business scenarios without permission, to ensure that CIPS focuses on cross-border payment clearing, maintaining system stability and professionalism. In summary, the central bank's new regulations create a clearer and safer closed-loop for capital flow, precisely规范 the rights and responsibilities of participants, and promote CIPS operation management to a higher level of standardization and professionalism, providing a solid foundation for further expanding the cross-border use of the Renminbi. #中国人民银行 #CIPS
The central bank issued new CIPS regulations to strengthen account security and solidify risk control bottom lines

On December 26, the People's Bank of China officially released the new version of the "Renminbi Cross-Border Payment System Business Rules," aimed at providing more robust institutional guarantees for the safe and efficient operation of the Renminbi Cross-Border Payment System (CIPS) by strengthening account management, optimizing capital flows, and clarifying business boundaries.

The new rules strengthen the central bank's unified centralized management of operational institutions' capital accounts. The rules require that operational institutions may open dedicated clearing accounts with the People's Bank of China based on CIPS business needs, for the centralized storage of all participants' business settlement funds.

At the same time, CIPS accounts must be separately accounted for with the operational institutions' own funds, and it is strictly prohibited to open accounts in commercial banks to store these settlement funds, aimed at preventing the risk of clearing funds' accumulation and mixed use, ensuring the safety of funds.

This adjustment will directly affect the liquidity management model of CIPS participants. Among them, participants who open accounts with CIPS may independently or designate a custodian institution to open clearing accounts with the People's Bank of China, flexibly carry out liquidity management, and improve capital utilization efficiency. Furthermore, all accounts must comply with the rule of "no overdraft, with a zero balance at the end of the day," ensuring that the overall operational risks of the system are controllable.

In addition, the new rules also clearly define and restrict the business scope of direct participants in financial market infrastructure (such as exchanges, central counterparties, etc.).

Such participants are required to settle funds through CIPS accounts based on the functional requirements of their trading systems, securities settlement systems, or central counterparty clearing.

Participants are not allowed to unilaterally expand their service scope, add service objects, or change business scenarios without permission, to ensure that CIPS focuses on cross-border payment clearing, maintaining system stability and professionalism.

In summary, the central bank's new regulations create a clearer and safer closed-loop for capital flow, precisely规范 the rights and responsibilities of participants, and promote CIPS operation management to a higher level of standardization and professionalism, providing a solid foundation for further expanding the cross-border use of the Renminbi.

#中国人民银行 #CIPS
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Brazil is connecting to CIPS and opening new trade routes with ChinaBrazil has just taken a strategic step towards dedollarization by integrating into CIPS (Cross-Border Interbank Payment System) — the Chinese alternative to the SWIFT system. This move could transform the way the country conducts international transactions, especially with Asia, and open space for new dynamics in foreign trade and the crypto market. 🏦 What is CIPS? Created by the People's Bank of China, CIPS allows international payments in renminbi (RMB), with less reliance on the dollar. It is already used by more than 1,400 institutions in over 100 countries and has been gaining strength as a tool to circumvent financial sanctions and reduce transaction costs.

Brazil is connecting to CIPS and opening new trade routes with China

Brazil has just taken a strategic step towards dedollarization by integrating into CIPS (Cross-Border Interbank Payment System) — the Chinese alternative to the SWIFT system. This move could transform the way the country conducts international transactions, especially with Asia, and open space for new dynamics in foreign trade and the crypto market.
🏦 What is CIPS?
Created by the People's Bank of China, CIPS allows international payments in renminbi (RMB), with less reliance on the dollar. It is already used by more than 1,400 institutions in over 100 countries and has been gaining strength as a tool to circumvent financial sanctions and reduce transaction costs.
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#USJobsData #CIPS China does it again by improving interbank connectivity with fiber optic servers and putting the CIPS network into service. The Cross-Border Interbank Payment System is a payment system that offers clearing and settlement services for its participants in payments and cross-border transfers in Chinese currency. It is a basic infrastructure for financial markets in China.​ The fees are 75% cheaper and faster than SWIFT, there is the gap for $XRP to enter the game with better performance and cheaper fees, better settlement the Chinese say that SWIFT is expensive.#Xrp🔥🔥
#USJobsData #CIPS China does it again by improving interbank connectivity with fiber optic servers and putting the CIPS network into service.
The Cross-Border Interbank Payment System is a payment system that offers clearing and settlement services for its participants in payments and cross-border transfers in Chinese currency. It is a basic infrastructure for financial markets in China.​
The fees are 75% cheaper and faster than SWIFT, there is the gap for $XRP to enter the game with better performance and cheaper fees, better settlement the Chinese say that SWIFT is expensive.#Xrp🔥🔥
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