Understand the digital yuan (e-CNY) and its global financial implications, as China's digital currency continues to influence international trade and economic policy.
e-CNY
Understand the digital yuan (e-CNY) and its global financial implications, as China's digital currency continues to influence international trade and economic policy.
Transactions using the digital yuan have amounted to $250 billion since the start of the CBDC’s pilot phase. China’s Central Bank Governor looked to the next step to increased adoption - cross-border payments
China expands the e-CNY trials across four more provinces: Sichuan, Guangdong, Jiangsu, and Hebei. One of the first CBDCs in the world, China’s e-CNY is also showing great adoption rates.
Transactions using the digital yuan have amounted to $250 billion since the start of the CBDC’s pilot phase. China’s Central Bank Governor looked to the next step to increased adoption - cross-border payments
China expands the e-CNY trials across four more provinces: Sichuan, Guangdong, Jiangsu, and Hebei. One of the first CBDCs in the world, China’s e-CNY is also showing great adoption rates.
