China’s digital yuan is probably the world’s leading central bank digital currency. In spite of its high level of development, it is not widely used.
Table of contents:
History of the digital yuan
How is the digital yuan used in China?
China is primed for digital yuan by Alipay
The digital yuan abroad
Is the digital yuan a threat to the US dollar?
BRICS and de-dollarization
The digital yuan, SWIFT censorship and sanctions
The digital yuan and mBridge
American politicians attempt to ban the digital yuan
Is the digital yuan a tool for surveillance?
The digital yuan and crypto
Chinas central bank digital currency is known as the digital yuan, e-CNY or e-RMB and despite the hype, it represents a minuscule portion of the money supply and has only been used at any scale a few times internationally.
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Source: https://cointelegraph.com/magazine/digital-yuan-adoption-payments-regulation/