Overview
- The international operations center opened in Shanghai on Thursday, establishing dedicated infrastructure for the currency’s overseas role.
- The PBOC introduced a cross‑border digital payment platform to pilot e‑CNY settlements for faster international transactions.
- A blockchain service platform will enable on‑chain payments plus standardized cross‑chain information transfers between systems.
- A digital‑asset platform will let existing financial infrastructure plug into ready‑to‑use tokenized asset services.
- Officials said the center aims to improve global cross‑border payment systems, building on plans outlined by Pan Gongsheng in June, while reports indicate yuan‑pegged stablecoins are still being explored.