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CATEGORY: cross border payments


BIS marks CBDC pilot as 'successful' with $22M transacted

Author: Cointelegraph By Jesse Coghlan
United States
Sep 28, 2022 08:20

BIS marks CBDC pilot as 'successful' with $22M transacted

Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.

China’s digital yuan nears $250B transaction volume: Central bank governor

Author: Cointelegraph By Brayden Lindrea
United States
Jul 20, 2023 08:20

China’s digital yuan nears $250B transaction volume: Central bank governor

While the adoption and use cases of China’s e-CNY are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.

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