Some recent digital yuan statistics show China’s central bank digital currency (CBDC) usage is increasingly for corporate and government transactions. Based on a small set of figures in a single region, average top up sizes for individuals was the equivalent of $13, compared to $9550 for corporates and governments. And there were more enterprise transactions than individual topups.
The statistics were limited to transactions processed in the telecoms and media sector during January to July this year in the Jiangsu province.
The figures show the sector processed 2,700 topup payments totalling 257,800 yuan, the equivalent of $13 per personal topup. As that’s the recharge figure, the transactions amount will be far smaller.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
