The Chinese tech titan Tencent, the WeChat operator, will launch a digital yuan smart contract offering for small and medium-sized enterprises (SMEs).
The move comes weeks after the firm announced it would join a central bank-led e-CNY and global CBDC interoperability pilot.
Per the Securities Times, Tencent said it will release a “digital yuan smart contract enterprise credit solution” tailored for “small and micro-enterprise customers.”…
Read More: Chinese IT Giant Tencent Launches Digital Yuan Smart Contract Services