The Russian reserve seizure legitimized the digital yuan as an alternative

Evidence

A good reason appeared soon after the first explosions over Kyiv, Kharkiv and Mariupol: the aforementioned seizure by America of hundreds of billions of dollars belonging to Russia’s central bank. — Yanis Varoufakis, Technofeudalism, 608

Categorization

• corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 608
• XREF: connects to: The digital yuan lacked users until the dollar’s reliability was questioned — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 608

Broader Connections

• The digital yuan lacked users until the dollar’s reliability was questioned #qualifies (0.85) — Yanis Varoufakis, Technofeudalism, 608