The Digital RMB International Operations Center has unveiled the 'ShuBiDa' Cross-border Settlement Integrated Service Platform, following an upgrade of its infrastructure and measurement framework. This platform consolidates three major business areas: the Digital RMB cross-border digital payment platform, blockchain service platform, and digital asset platform. The initiative, known as Cross-border e-CNY Transfer Services (CBETS), has already secured direct participant service agreements with 26 financial institutions, marking a significant step in enhancing cross-border digital currency transactions.
Digital RMB Center Launches 'ShuBiDa' Cross-Border Settlement Platform
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