Digital Yuan: Did you know? [Infographic]

Digital Yuan

The use of the digital yuan as a valid currency in Mainland China has been seen as a potential “game-changer” for Macau by overhauling its cross-border payment systems, which would significantly reduce the need for junkets, according to industry observers.

Its development and implementation may also set an example for other nations of the world, which are increasingly headed towards digital and mobile payments.

This week’s infographic aims to deliver some of the fundamental facts behind China’s digital yuan to allow us to better understand why it is being introduced and what it means for our industry.