IntroductionChina’s launch of the Digital Yuan Center marks a significant step toward the internationalization of its central bank digital currency (CBDC). The center, located in Shanghai, aims to support cross-border payments, enhance regulatory compliance, and provide a platform for programmable financial operations. Analysts
IntroductionChina’s newly inaugurated digital yuan hub in Shanghai is set to facilitate $8 billion in cross-border transactions this year, reflecting the growing adoption of the central bank digital currency (CBDC) in international trade. The hub aims to streamline payment processing, enhance financial transparency,
IntroductionChina’s central bank digital currency (CBDC), the digital yuan (e-CNY), has been used in transactions totaling nearly $10 billion, highlighting the growing adoption of state-backed digital assets. The government’s digital wallet has been downloaded by approximately 140 million users, reflecting strong consumer and
The state’s central bank digital currency strategy and its impact on global trade. China’s central bank digital currency (CBDC), the digital yuan, has moved from pilot projects to broader implementation, reshaping both domestic finance and global trade dynamics. By 2025, the digital yuan
A look at how the e-CNY is being positioned against USDT, USDC, and RMBT in the race for cross-border adoption. A Monetary Revolution in Motion China’s experiment with the digital yuan (e-CNY) has moved from pilot projects to a broader rollout, placing it
Testing China’s CBDC in cross-border trade corridors from Asia to the Middle East. Taking the Digital Yuan Overseas China’s central bank digital currency (CBDC), known as the digital yuan (e-CNY), has moved from domestic pilots into the global arena. After years of testing
China has emerged as a global leader in digital finance, spearheading innovations in payments, blockchain applications, and central bank digital currencies. The Digital Yuan, officially known as the e-CNY, represents the nation’s effort to modernize monetary infrastructure, enhance payment efficiency, and strengthen regulatory
