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China’s CBDC wallet resorts to ages-old tradition to boost adoption

December 28, 2022 by DIGIT

A traditional Chinese way of gifting money that’s gone virtual with the rise of digital payments has been introduced into the digital yuan wallet app. Go to Source Powered by WPeMatico

Categories Alipay, CBDC, central bank digital currency, e-CNY, hongbao, red packet, WeChat Pay, Yuan


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  • bitcoinBitcoin(BTC)$91,112.00-1.52%
  • ethereumEthereum(ETH)$3,136.63-1.03%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.09-2.13%
  • binancecoinBNB(BNB)$894.39-1.48%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$135.86-4.70%
  • staked-etherLido Staked Ether(STETH)$3,136.60-1.26%
  • tronTRON(TRX)$0.2862011.45%
  • dogecoinDogecoin(DOGE)$0.143580-3.67%