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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 […]

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