Saturday , 9 November 2024
Home Cryptocurrency Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
Cryptocurrency

Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge

Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge

Tencent Tests Trading Settlements Use Cases Using Digital Yuan and MbridgeTencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-enabled cross-borders settlement platform. Tencent participated through its international settlements arm Tenpay, which piloted the use case of the Chinese CBDC, the digital yuan, to settle e-commerce exports using Mbridge’s rails. Tencent Participated […]

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Top 11 Bitcoin miners see monthly production rise 13% in October despite rising difficulty

The top 11 Bitcoin mining companies by market capitalization have achieved record...

Dogecoin Price Forecast: Analyst Says Downside Is Minimized As 1M, 3M, And 6M Candles Turn Bullish

As the crypto market rides the bullish wave spurred on by Donald...

Why Trump’s Tariff Plan Goes Against the Free Market Ethos

As Donald Trump eyes a dramatic economic overhaul, his proposed tariff regime...

Detroit to Introduce Cryptocurrency as Payment Option for Taxes and Fees

The crypto payment system aims to improve accessibility and efficiency for residents...