Former Vice Chairperson of the Securities Supervision Commission: The US dollar is moving towards the road of digital dollar exploration

Li Jiange, former vice chairperson of the China Securities Regulatory Commission, wrote in an article that since the 20th century, the US dollar anchor has gone through four important stages of development, from the early gold dollar, to the petrodollar, and then to the US debt dollar, and now it is moving towards the exploration of the digital dollar. It is necessary to deeply understand the evolution law of the US dollar anchor and actively adjust the financial strategy. The general idea of the current construction of the digital dollar system in the United States is to incorporate the digital currency ecosystem that has grown brutally in the past into the compliance regulatory system to ensure that the development of the digital currency industry is in line with the national interests of the United States. Every transformation is a strategic choice for the United States to adapt to changes in the international political and economic situation and maintain financial hegemony. For China, it should accelerate the process of RMB internationalization, improve the financial marekt system, and promote the