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Last updated: June 18, 2025, 06:02  |  Written by: Raoul Pal

Algorithm Has Provided
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China

The currency has faced serious hurdles since 2025, when China kicked off the ambitious rollout of its central bank digital currency (CBDC), the country’s digital yuan.

China's digital yuan took the centre stage in the world's largest cross-border central bank digital currency (CBDC) trial to date, a report showed, pointing to how Beijing is

China’s Digital Yuan Faces Hurdles In Adoption Amid Competition

Digital Renminbi

Digital renminbi (Chinese: 数字人民币; also abbreviated as digital RMB and e-CNY), [1] or Digital Currency Electronic Payment (DCEP, Chinese: 数字货币电子支付; pinyin: Shùzì huòbì diànzǐ

Digital renminbi - Wikipedia

How the digital yuan could change the world for better or worse

Millions Of Users In China

Millions of users in China now carry the e-CNY in their digital wallets, a digital version of China’s fiat currency, the renminbi, which is colloquially known as the digital

China’s Digital Yuan: What is it?

Domestic and Global Implications of China’s Digital Currency

The Digital Yuan Is A

The Digital Yuan is a digital currency issued by China’s central bank, the People’s Bank of China (PBOC). It is otherwise known as the Digital Currency Electronic

The Digital Yuan: Purpose, Progress, and Politics

China’s digital yuan crosses $13.68 billion in Txs; Is adoption rising?

China

China's digital yuan wallet is already one of the fastest-growing apps, by installs, in the mainland now right now. Launched on 4 January.

China’s central bank digital currency is known as the digital yuan, e-CNY or e-RMB and despite the hype, it represents a minuscule portion of the money supply and has

China Is Doubling Down on its Digital Currency

It Currently Has

It currently has 260 million users (Kumar, 2025), circulating RMB 13.61 billion (Wright, 2025). Adoption numbers are persistently low, and the e-CNY faces stiff competition from the well

China's digital yuan stands out in cross-border pilot in a show of

Raoul Pal can be reached at [email protected].

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