PBOC's Digital Currency Bridge Reveals Nearly 500 Billion Yuan in Cumulative Transactions on June 26

According to BlockBeats, on June 26, Mu Changchun, head of the People's Bank of China's Digital Currency Research Institute, disclosed at the 2026 Summer Davos Forum that the multilateral central bank digital currency bridge has accumulated approximately 500 billion yuan in transactions since June 2024, reaching this milestone by the end of 2025. The platform aims to evolve into a new financial market infrastructure built by central banks and participated by financial institutions under a multilateral governance and reciprocal benefit model.
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