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China-dominated central bank digital currency platform touts largest transactions to date

South China Morning Post

BusinessSouth China Morning Post·Jul 22, 2026·1 min read

China-dominated central bank digital currency platform touts largest transactions to date

A leading Chinese bank has processed the largest cross-border transactions yet via mBridge, a multilateral central bank digital currency (CBDC) platform, marking a major milestone for the emerging payment network as well as Beijing’s…

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