China’s digital yuan gets orderly contract functionality alongside new spend instances

China’s digital yuan gets radiant contract functionality alongside recent exhaust instances

China’s central bank digital forex (CBDC) — the digital yuan, or eCNY — has got upgrades giving it radiant contract functionality alongside a series of newly unveiled exhaust instances.

The radiant contract feature was launched on the Meituan app, a Chinese language app providing retail and meals shipping products and services, in step with a Jan. 17 sage by local cryptocurrency media outlet 8btc.

<em>A person prepares to ship a digital purple packet on the messaging app WeChat. Image: YouTube</em>

Digital yuan sees recent avenues for exhaust

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