Pilot

Bank AI

Yuan

Billion

<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/chinas-digital-yuan-sees-250-billion-in-transactions-since-pilot-launch/">China’s Digital Yuan Sees $250 Billion in Transactions Since Pilot Launch</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The People’s Bank of China (PBOC) has revealed that transactions totaling almost $250bn have taken place using its Digital Yuan pilot program since its launch in January last year. PBOC Governor, Yi Gang, stated that as of the end of June, the central bank digital currency had transacted 1.8tn yuan and that it has had around 950 million transactions to date from approximately 120 million wallets, leading to an average transaction amount of about $260. Although it is still early days for the digital yuan, which has only been minimally adopted for retail payments in the country thus far, it marks an over 70% increase from the number cited in August 2020.&nbsp;</p>

China’s Digital Yuan Sees $250 Billion in Transactions Since Pilot Launch

CoinPedia News

Otros artículos publicados el 20 jul 2023

Tesla and Musk’s Bitcoin Journey: Holding Steady Amidst Market Volatility

Bakkt Schedules Conference Call to Discuss Second Quarter 2023 Results

Lybra Finance Launches Arbitrum Testnet to Attract DeFi Users

FedNow Officially Launched: The Federal Reserve Modernizes the US Payment System

Shiba Inu (SHIB) Payments Expand into Europe Following This Major Partnership

Federal Reserve Officially Launches ‘FedNow’ Instant Payment System

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!