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A international digital yuan center has started operating in China.
The PBOC also introduced three new platforms - for cross-border digital payments, blockchain, and digital assets.
Previously, AnchorX launched the first stablecoin pegged to the yuan.
In Shanghai, the financial capital of China, the international operational center for the digital yuan (e-CNY) has officially commenced operations. This was reported by the People's Bank of China (PBOC), emphasizing that the new institution aims to facilitate the internationalization of the Chinese currency and the development of digital financial services.