China wants to break the global duopoly of the dollar and the euro with its digital yuan. Digital and cash, the Chinese currency will soon split thanks to its technological leadership. China wants to beat the United States and Europe by launching its yuan 2.0. China has chosen technology groups and "fintechs" more than banks to carry out its yuan 2.0 project and assert its global leadership on digital currencies. Its technological leadership risks breaking the global duopoly of the dollar and the euro.

30% of central banks surveyed by the Bank for International Settlements plan to launch their digital currency in the next six years. But China seems to be taking the lead. In the short term, this new means of payment will be reserved for Chinese consumers and within the country, thus without impact on the exchange rate. Its value will remain fixed and the sums deposited in digital yuan will not generate interest.

However, one of Beijing's great ambitions is also to promote the internationalization of its currency to break the duopoly of the dollar and the euro. A global digital currency would help achieve this goal, according to the People's Bank of China. The internationalization of the yuan would be mainly favored by the creation of a digital yuan reserved for financial institutions such as central banks, while Beijing has bet on individuals. It would enhance the attractiveness of the Chinese currency.