WeChat, the social media platform owned by China’s technology giant Tencent Group, has joined the pilot program of the country’s digital central bank currency (CBDC) digital yuan.
more than 1 billion WeChat is one of the most widely used applications in China. of WeChat made on April 7 according to the statement applicationhas participated in the pilot for the Chinese CBDC to enter service in 23 cities.
WeChat, in-app ordering food and calling a taxi provides opportunities such as WeChat as part of the CBDC application, It will be put into service in 23 cities will be set accordingly.
According to Chinese media, the use of CBDC is increasing day by day and the digital yuan pilot program has been launched in many cities in the past weeks. dijital yuancurrently the capital Beijing outside Shenzhen, Suzhou, Xiongan, Chengdu, Shanghai, Hainan, Changsha, Xian, Qingdao, Dalian and the Winter Olympics available in their locations.
Since the pilot trials of the digital yuan were successful and launched, approximately $14 billion in volume reportedly reached.
WeChat associated with NFTs, citing “crypto speculations” and “secondary NFT trading” He announced that he had blocked more than 10 accounts.
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