CoinScoopDigital Yuan Cross-Border Settlement Platform Expands Reach
As of the end of September, 39 additional domestic and international financial institutions have applied to join the Cross-Border Settlement Comprehensive Service Platform (CBETS) for the digital yuan. The platform facilitates bilateral connectivity with foreign payment systems and central bank digital currencies, supporting cross-border trade and personal transactions.
Summaries are written by AI from the original article. Not investment advice.