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Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge

June 25, 2024
in Bitcoin
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Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
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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 […]
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