Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
![Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge](https://cryptosuperhero.com/wp-content/uploads/2024/06/Tencent-Tests-Use-Cases-for-Trading-Settlements-Using-Digital-Yuan.jpg)
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 […]
Source: https://news.bitcoin.com/tencent-tests-use-cases-for-trading-settlements-using-digital-yuan-and-mbridge/