/ Central Bank Digital Currency (CBDC)
Stablecoin Marketcap Expected to Grow 2,140% in 5 Years as PayPal Enters
Stablecoins are expected to grow from $125 billion to $2.8 trillion in the next five years.
August 09, 2023Digital Rouble Will Be Free to Use Till 2025; Corporate Logo Revealed
As of 2025, digital ruble transactions will charge a fee of 15 rubles, or $0.16. Before 2025, all CBDC services will be free of charge for Russian citizens.
August 04, 2023Chinese Visitors Can Now Pay With eCNY at Over 200 Hong Kong Shops
Bank of China (Hong Kong) Limited launched a digital yuan shopping festival on July 18 to expand CBDC payments and boost local consumption.
July 21, 2023Stablecoins Better Suited for Yuan’s International Appeal, Not CBDCs: Circle CEO
Circle CEO believes a stablecoin pegged to a yuan could prove more effective in terms of internationalizing the country’s national currency.
July 11, 2023DBS Launches Automated CDBC Settlement Platform for Merchants in China
Singapore's biggest bank DBS launched a solution that allows Chinese consumers to collect digital yuan payments.
July 05, 2023