cryptonews
2023-03-24 10:56:00

Digital Yuan Adoption Drives Now Focusing on Cross-border Pay – Are CBDCs Set to Take Over?

A growing number of Chinese government city authorities, banks, and firms are looking to adopt the digital yuan as a payment tool – as the central bank digital currency (CBDC) rollout continues to intensify. A number of similar measures in recent months suggest that Beijing is looking to build up the e-CNY’s credentials as a tool of international trade.... Read More: Digital Yuan Adoption Drives Now Focusing on Cross-border Pay – Are CBDCs Set to Take Over?

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