Report: China’s Digital Yuan Processes $55B as Cross-Border CBDC Rails Take Shape

Report: China’s Digital Yuan Processes $55B as Cross-Border CBDC Rails Take ShapeAccording to a Reuters report citing data compiled by the Atlantic Council, a Washington-based think tank that tracks central bank digital currencies ( CBDCs) and their expansion, China’s CBDC, known as e-CNY, has processed $55 billion through the ‘mBridge’ platform. Digital Yuan Momentum Builds as mBridge Fuels Cross-Border Payments China’s CBDC is steadily finding its […]

Source: https://news.bitcoin.com/report-chinas-digital-yuan-processes-55b-as-cross-border-cbdc-rails-take-shape/