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Will this decade see the end of the US dollar's reign?

Karen Maley
Karen MaleyColumnist

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Some saw it as a last, desperate throw of the dice by Facebook boss Mark Zuckerberg as he tried to rescue the social media giant's plans for a global digital currency.

For others, his comments simply highlighted the obvious risk that Beijing could take the lead in global financial innovation as it gears up for the imminent launch of a state-run Chinese digital currency.

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Karen Maley writes on banking and finance, specialising in financial services, private equity and investment banking. Karen is based in Sydney. Connect with Karen on Twitter. Email Karen at karen.maley@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/will-this-decade-see-the-end-of-the-us-dollar-s-reign-20191223-p53mbg