Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
Submitted by Anonymous (not verified) on Tue, 06/25/2024 - 08:10
Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-enabled cross-borders settlement platform. Tencent participated through its international settlements arm Tenpay, which piloted the use case of the Chinese CBDC, the digital yuan, to settle e-commerce exports using Mbridge’s rails. Tencent Participated […]