China Digital Yuan Quietly Surges Past $2 Trillion – And a New ‘Dual‑Center’ Signals What Comes Next
The story China’s central bank says the digital RMB has moved beyond experimentation into an initial ecosystem, clocking ¥14.2 trillion in cumulative transactions by the end of September 2025. The pilot now spans 26 localities across 17 provincial‑level regions, with retail and