Reducing costs and increasing efficiency in cross-border payments, the People's Bank of China collaborates with multiple countries to accelerate the implementation of digital yuan.

2025-12-26 05:15:55

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The People’s Bank of China, in conjunction with multiple government departments, has expressed its commitment to accelerate the cross-border application of digital yuan, integrating multilateral cooperation and smart contracts to expand its international use in payment, financing, and settlement scenarios.

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