Digital Yuan Wallet Ranks Among Most Downloaded Apps in China

Digital Yuan Wallet Ranks Among Most Downloaded Apps in ChinaThe new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yuan payments, media reports unveil. Wallet Launch Boosts Digital Yuan Ahead of Lunar New Year and […]

Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate

Social Media Giant Wechat to Support China's CBDC, Platform Expected to Boost Adoption RateChina’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to the social media’s 800 million active users. New App Provides […]