China’s digital yuan trial extends to E-commerce giant Meituan

View Full Article : Namrata Shukla

• China still in the process of testing different digital yuan distribution methods , now moving onto bigger e-commerce giants.

• This shows it will take more time and testing then originally planned for China, creating a entire digital economy .

• The major incentive by the Chinese government is this technology is leading factor of helping carbon initiatives.

• Will this lead other countries to start developing there own digital currencies at a faster pace ?