Major Chinese companies start joining digital yuan trials

Some large Chinese companies decided to join the central bank digital currency project.

According to local Finance Caixin, Meituan and Bilibilibili have partnered with a number of banks involved in the digital yuan testing program..

Meituan is a popular Chinese e-commerce platform with over 240 million consumers and 5 million merchants, and Bilibilibili – China’s largest video sharing website.

Major Chinese companies start joining digital yuan trials

Large Chinese companies began to join the trial of the digital renminbi

In addition, multinational tech group ByteDance is also in discussions with banks to join the project, and transportation services conglomerate DiDi recently announced a strategic partnership with the Digital Currency Research Institute of the People’s Bank of China..

text: Ivan Malichenko, photo: regnum

Similar articles