A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC.
Per the Shanghai Securities News, the deal was concluded by Thunes, a global payment infrastructure provider, and the China Construction Bank (CCB).
The CCB is a state-owned financial institution that comprises one of China’s “big four” commercial banks….
Read More: Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank