PBoC Introduces New Framework for Digital Yuan with 3.48 Billion Transactions Processed
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 30 2025- Digital Yuan Framework Announcement: The People's Bank of China (PBoC) will implement a new framework for the digital yuan on January 1, 2026, aimed at standardizing circulation, usage, and system performance, which is expected to accelerate its integration into the banking system.
- Significant Transaction Volume: As of the end of November 2025, the digital yuan has processed 3.48 billion transactions with a cumulative transaction value of RMB 16.7 trillion (approximately $2.37 trillion), indicating strong market acceptance and usage frequency.
- Growing Wallet Numbers: The digital yuan app has opened 230 million personal wallets and 18.84 million corporate wallets, reflecting increasing public and corporate interest and participation in digital currency.
- Enhanced Cross-Border Cooperation: The new framework also plans to establish an international operations center in Shanghai to promote multilateral central bank digital currency bridges, further strengthening cross-border CBDC cooperation and driving the digital transformation of the international financial system.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
