China debuts blockchain-powered salary payments with digital yuan in Xiong’an

China debuts blockchain-powered salary payments with digital yuan in Xiong’anChina’s Dalian Commodity Exchange has successfully used the digital yuan for fees settlement in the nation’s futures market, making it the first real application of the People’s Bank of China (PBoC) issued digital currency in the finance sector, according to a report by China Securities News Network on August 23, 2021. Digital Yuan Facilitates Cost-Efficient Payment 

Read More

Source and More information: China’s Digital Yuan Used for Payment in Country’s Financial Markets

Author: BTCManager.com