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Digital Yuan Linked to Laos Payment Network, Singapore Pilot Advances

  • China's Digital RMB International Operation Center presented cross-border e-CNY infrastructure at the 23rd China-ASEAN Expo on September 17.
  • The exhibition featured CBETS (Cross-Border Interbank Payment and Trading System) and mBridge, a multilateral CBDC platform, detailing their functions, governance, and use cases.
  • China is expanding digital yuan connectivity with Laos's payment network and advancing a pilot program in Singapore, extending e-CNY use into trade settlement and supply chain finance beyond retail payments.

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