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Chinese workers paid in CBDC are cashing it out for real money: Report

Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency.

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

Chinese workers paid in CBDC are cashing it out for real money: Report

Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency.

Why this matters

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

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