The following are several articles that cover some hot-button questions about the digital RMB. Key takeaways: Digital currency will take up the market share of private payment services, such as Alipay or WeChat Pay, but both will likely coexist. Digital currency poses risks to traditional business models for banks but opens up new opportunities.
China's digital currency (II): Q&As
China's digital currency (II): Q&As
China's digital currency (II): Q&As
The following are several articles that cover some hot-button questions about the digital RMB. Key takeaways: Digital currency will take up the market share of private payment services, such as Alipay or WeChat Pay, but both will likely coexist. Digital currency poses risks to traditional business models for banks but opens up new opportunities.