The PBOC’s pilot has discovered over 12,000 use cases for the digital yuan. Photo: Reuters The PBOC’s pilot has discovered over 12,000 use cases for the digital yuan. Photo: Reuters
The PBOC’s pilot has discovered over 12,000 use cases for the digital yuan. Photo: Reuters

China economy

China’s sovereign digital currency pilot in ‘early stage’ as transactions hit US$300 million

  • Central bank governor Yi Gang says China still in early stages of its digital yuan pilot programme
  • The sovereign digital currency has been used in over 4 million transactions totalling 2 billion yuan

Topic |   China economy
The PBOC’s pilot has discovered over 12,000 use cases for the digital yuan. Photo: Reuters The PBOC’s pilot has discovered over 12,000 use cases for the digital yuan. Photo: Reuters
The PBOC’s pilot has discovered over 12,000 use cases for the digital yuan. Photo: Reuters
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