e-Yuan
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China
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Chinese State Banks Aims to Expand e-Yuan Use in Insurance Products

The Digital Yuan or e-yuan, the CBDC developed by the People’s Bank of China is nearing the final stages of its trial phase that has expanded to numerous provinces and cities. The total value of e-yuan trnsacted during the trial phase has reached $5.3 billion in June. Now State-owned China Construction Bank is exploring the

The Digital Yuan or e-yuan, the CBDC developed by the People’s Bank of China is nearing the final stages of its trial phase that has expanded to numerous provinces and cities. The total value of e-yuan trnsacted during the trial phase has reached $5.3 billion in June. Now State-owned China Construction Bank is exploring the

crypto tether china
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crypto tether china
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China’s CBDC All Set To Eat Into the Digital Payments Market Share of WeChat and Alipay

Alipay and WeChat Pay the two dominant players in China’s online payments marketplace are all set to see tough competition from the country’s very own central bank digital currency (CBDC) aka Digital Yuan. On Thursday, March 25, speaking during a panel discussion organized by the Bank of International Settlements (BIS), Mu Changchun, director of the

Alipay and WeChat Pay the two dominant players in China’s online payments marketplace are all set to see tough competition from the country’s very own central bank digital currency (CBDC) aka Digital Yuan. On Thursday, March 25, speaking during a panel discussion organized by the Bank of International Settlements (BIS), Mu Changchun, director of the