NATIONAL AUSTRALIA BANK TO LAUNCH STABLECOIN ON ETHEREUM
China's population declined in 2022 for the first time since the early 1960s. The declining population spells trouble for future growth plans especially if it is going to be a successful challenger to the United States' rise to become number one. Mainland China's population excluding foreigners fell by 850,000 in 2022 down to 1.4 billion. That comes after 2021 was the year when China's popularity was growing the slowest in recorded history. The birth rate fell by 2021. One Child policy that China 1979 first introduced back in 1979 and last until 2015, the idea was to slow down the population rate. It seems to work and the rising economy tends to correlate with having fewer children which have to happen for the last few decades.
The one-child policy is estimated to have prevented 400 million kids from being born. With the elderly population becoming fewer and the effect of the lockdown resulting in more death. The Chinese Communist party is now encouraging families to have more children, even starting to provide direct financial incentives straight to them. This is a big change in policy considering they just ended a one-child policy 7 years ago.
It seems like Iran and Russia plan a gold-backed stablecoin, those BRICS nations continue to escape the petrol dollar. The central banks of Iran are getting in on the account this time. Iran is now a BRICS member hopeful. They have applied back in 2022 and of course, they are actively working with Russia's alternative currency option. We have already been there with a gold-backed currency but these nations have determined it tries a different method. The gold-backed currency with become a token of the Persian gulf region used token for payment of method for foreign trade between different partners.
Crypto adoption grew by 39% in 2022, in a brutal bear market marked by horrific bankruptcy, protocols completely collapsing, and total price devastation. These numbers are according to crypto.com, crypto.com released its end-of-year report for 2022 and it has some very data. Global crypto users from 306 million at the beginning of January to 425 million by the end of December.