CBDC wallet tops mobile app store charts in China

CBDC wallet tops mobile app store charts in China

The pilot version of China’s official digital yuan wallet app has become the most downloaded app in local mobile app stores. The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in its first week.Developed by the Digital Currency Research Institute of the People’s Bank of China (PBoC), the app became available for download on Chinese Android and Apple app stores last Tuesday.The app is still in an experimental phase and is only accessible to select individuals through authorized e-CNY service....


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