China’s CBDC Has Been Used for $9.7B of Transactions

China’s central bank digital currency (CBDC) has been used to conduct 62 billion yuan ($9.7 billion) of transactions as of the end of October.

Read more: Nigeria’s eNaira CBDC Goes Live

UPDATE (Nov. 3, 10:32 UTC): Adds corporate accounts, comparison with end-June figures.

Source