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.
