DeFi Intel

China launches e-CNY digital currency internationally as 26 banks sign up for CBETS

In September 2025 the Digital Currency Research Institute, a division of China’s central bank, unveiled a center to boost international usage of its e-CNY digital currency.

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The 26 direct participants, including Standard Chartered China, join a PBOC-guided international operations center launched in September 2025 that cuts cross-border settlement times from days to hours.

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