#CryptoCurrency / China Central Bank Official Reveals Results of First Digital Yuan Pilots

… the bank opened 113,300 consumer digital wallets and 8,859 corporate digital wallets for residents of Shenzhen, Suzhou and Xiong’an to pilot a digital yuan.

The digital wallets processed RMB 1.1 billion ($162 million) across 3.1 million digital yuan transactions between April and August when the pilots launched and ended… making it the most widely used central bank digital currency (CBDC) in a commercial setting.

The digital yuan’s use in tourism will also be explored in a forthcoming pilot at the 2022 Winter Olympic Games in the nation’s capital of Beijing…

https://www.coindesk.com/china-central-bank-official-reveals-results-of-first-digital-yuan-pilots