China has upgraded its digital yuan (e-CNY) infrastructure to integrate more payment and financial services, unveiling an upgraded central bank system and a smart contract services framework aimed at lowering operating costs and widening use. The E-CNY Operation Management Center of the People's Bank of China (PBOC) announced the developments at a Financial Street Forum 2026 session in Beijing on Wednesday. According to the PBOC, the digital yuan moved to a new operating framework on Jan. 1, 2026, shifting it from a cash-like payment tool toward digital deposit money. By the end of September, cumulative transactions reached 4.3 billion, worth about 31 trillion yuan (about 4.61 trillion U.S. dollars); in September alone there were 99.67 million transactions worth about 1.87 trillion yuan, up 12% and 123% year on year respectively.
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DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/21/2026 | 101.70 |
| Change that session | 0.00% |
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