Tianjin, China, Says It Has Processed $1.76bn Worth of Digital Yuan – CBDC Progressing?
The Chinese city of Tianjin says residents and businesses transacted a cumulative total of over $1.76bn worth of CBDC since it joined the digital yuan pilot in 2022. Per Jinyun News, via Enorth, city officials claimed th...
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Per Jinyun News, via Enorth, city officials claimed that some 302,000 merchants had processed the aforementioned amount in 14.97 million transactions.
The city, a key port on the northeast coast, was added to the pilot in April last year along with Chongqing, Guangzhou, Fuzhou, and Xiamen....
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