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

While the adoption and use cases of China’s central bank digital currency are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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

While the adoption and use cases of China’s central bank digital currency are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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