Digital Yuan Now Used to Complete Car Prepurchase Payments

The digital yuan, China’s central bank digital currency (CBDC), is being used as a security element in car prepurchase payment settlements. According to local media reports, a pilot test that allows customers to pay for their cars with digital yuan was established in early February in Shenzhen, and several customers are already purchasing their vehicles […]  Read more »
Sign up for e-EUR – the progressive stablecoin