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Digital Yuan to Promote International Use of Chinese Currency, Experts Say

bitcoin.com
 2021-07-30

Cover picture for the articleThe new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct cross-border tests with the yuan’s digitized version, the e-CNY.

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