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3232Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
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Tue, 25 Jun 2024 04:44:48 +0000https://www.digit.info/2024/06/25/tencent-tests-use-cases-for-trading-settlements-using-digital-yuan-and-mbridge/Read more]]>Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-enabled cross-borders settlement platform. Tencent participated through its international settlements arm Tenpay, which piloted the use case of the Chinese CBDC, the digital yuan, to settle e-commerce exports using Mbridge’s rails. Tencent Participated […]