Chinese Digital Yuan Spending on the Rise Despite COVID-19-induced Slump

By CryptoNews - 1 year ago - Reading Time: 1 minutes

Chinese Digital Yuan Spending on the Rise Despite COVID-19-induced Slump

 
Digital yuan usage has grown x18 in the past 12 months in China – as the central bank-issued token continues to find new users.
According to the central People’s Bank of China, transaction volumes reached the USD 13 billion mark at the end of last year, with a total of 261 million personal wallets now open in pilot zones....
Read More: Chinese Digital Yuan Spending on the Rise Despite COVID-19-induced Slump

Original source: CryptoNews