e-CNY
Coverage of e-CNY in the Nexus archive.
- China triples its e-CNY network in 2026 as 8 more banks join the CBDC push this week
China plans to triple its e-CNY network by 2026. The country is actively pushing for the expansion of the CBDC, an effort that includes eight more banks joining the network this week.
- China adds 8 banks to digital yuan network as operator count hits 30
China expanded its digital yuan network by adding eight banks, bringing the total number of operators to 30. These newly authorized lenders will begin offering e-CNY services after successfully completing necessary operational and technical preparations.
- China cuts durian settlement to 30 minutes with first outbound e-CNY payment to Malaysia
China executed its first outbound digital yuan (e-CNY) payment to Malaysia, settling a 43,000 yuan shipment of fresh durian. The transaction, coordinated by China Construction Bank’s Xiamen and Labuan branches, aims to expand cross-border clearing networks in Southeast Asia outside the SWIFT system.