How the digital yuan could change China’s payment landscape

USCBC
USCBC
How the digital yuan could change China’s payment landscape
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China has been doing public testing for its new digital currency, called the digital yuan or Digital Currency Electronic Payment. The introduction of the digital money, issued by the People’s Bank of China, has significant implications for the future of China’s payment economy and services like WeChat Pay and AliPay. To talk more about the digital yuan and its potential impacts, we sat down with Jeremy Mark, a Nonresident Senior Fellow at the Atlantic Council.

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