The Chinese multi-purpose instant messaging and mobile payment giant WeChat has revealed the integration of the Digital Yuan, the Central Bank Digital Currency of China.
<h2>Integration of Digital Yuan </h2>
Reportedly, the Central People's Bank of China (PBoC) has begun expanding steadily. This week People's Bank announced the incorporation of eleven cities into the Digital Yuan trial.

https://twitter.com/WatcherGuru/status/1512163732629213191

The PBoC has decided to expand to include the financial and industrial hubspot of Guangzhou and other major urban centers. Making the Digital Yuan available to a large populace is an obvious sign that China's objective for the digital currency is to be widely utilized. 

Head of PBoC's Digital Currency Research Institute Mu Changchun stated,
<blockquote>"WeChat Pay and other financial infrastructure systems are ‘wallets,’ while the digital yuan is a payment tool – in essence, the contents of a ‘wallet.’”</blockquote>
As per a recent report, the e-pay platform has launched complete "support for digital $CNY" in existing and pilot areas. The move is noted as a major boost for the digital token. 

<a href="https://www.cryptoknowmics.com/news/chinas-social-media-platform-wechat-blocks-nft-accounts/">WeChat</a> is more than a mere application, it is a platform in China for a digital ecosystem, comprising online and digital services. 
<h2>Many Cities Come Forth</h2>
The cities of Tianjin, Chongqing, Guangdong, Fuzhou, and Xiamen have been added to pilot the establishment and usage of the currency. Additionally, like Beijing, the six cities in Zhejiang Province will possibly use the token.

Payment Giant WeChat Accepts Digital Yuan Payment Option

Priyanka is an active crypto enthusiast. Having graduated with a BA in Journalism and Mass Communication, she is a passionate content writer with a strong understanding of financial content. She has been writing on crypto and blockchain-related topics for the last three years and is an active trader.

Payment Giant WeChat Accepts Digital Yuan Payment Option

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