Di Gang: The application scenarios of digital renminbi have extended from personal consumption scenarios to corporate services
Di Gang, deputy director of the Digital Currency Research Institute of the People's Bank of China, stated that the pilot scope of the digital yuan has been expanded to 26 pilot areas in 17 provinces and cities. The application scenarios of the digital yuan have extended from personal consumption scenarios to public enterprise services such as salary payments, inclusive loans, green finance, as well as government services such as finance, taxation, public utilities, e-government, and poverty alleviation, providing strong support for the implementation of national strategies and financial services to the real economy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What awaits the Ethereum ecosystem in 2025?
Ethereum's evolution towards user-friendly and interoperable Layer 2 solutions is crucial, with native interoperability and EIP-7702 poised to revolutionize security and UX.
5 most rapidly growing tokenization trends to watch for in 2025
Tokenization of real-world assets poised to reach $5 trillion by 2025, with real estate and bonds leading the surge.
US index futures extended losses, Nasdaq futures fell 2%
AI-driven DeFi application xPortal announces acquisition of German Web3 startup Alphalink