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HOME Knowledge Insight Publications Capital Markets & IT - lakyara Capital Markets & IT -lakyara List Capital Markets & IT - lakyara August 2021 Latest digital yuan developments and impact on FinTech sector

Latest digital yuan developments and impact on FinTech sector

Aug. 13, 2021

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Digital yuan trials have been steadily growing in scale and incorporating more use cases while also testing features such as controllable anonymity and dual offline payments. The digital yuan’s prospective rollout should reshape both consumer-facing and B2B payment systems, form an integrated public-private payment ecosystem, spur FinTech companies to refocus on their core payment businesses and make the payment market more competitive.

About the Author

  • Li Zhihui

    Senior Consultant

    Global Industrial Policy & Management Research Department

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