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India fastest-growing FinTech market, ahead of US in financial innovation: Senator Steve Daines PTI Washington | Updated on × The senator from Montana said the US faces a challenge from China, which has launched a digital Yuan Republican Senator Steve Daines said India is the fastest-growing FinTech market in the world and far ahead of the US in terms of financial innovation. The senator from Montana said the US faces a challenge from China, which has launched a digital Yuan, which they hope will one day displace the dollar as the world s dominant reserve currency. Even beyond the digital Yuan, it s no secret that China and many other countries are well ahead of us with regard to financial innovation, he said during a Congressional hearing by the Senate Banking, Housing and Urban Affairs Subcommittee on Economic Policy on Central Bank Digital Currency. ....
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