The People’s Bank of China has inaugurated the Digital RMB International Operations Center in Beijing, aiming to enhance cross-border and blockchain infrastructure for the digital yuan. This initiative complements the existing Operations Management Center, creating a 'two-wing' structure to bolster both domestic and international expansion of the digital RMB. This development is part of China's broader strategy to elevate the yuan's global influence, which includes plans for yuan-backed stablecoins and cross-border digital currency systems.