Digital Yuan Will ‘Co-exist’ with Alipay, WeChat Pay – China Telecom

A China Telecom executive has hinted that the digital yuan and third-party payment apps will likely co-exist in the same financial ecosystem – although he stopped short of saying whether or not the forthcoming central bank-issued token would be interoperable with apps such as WeChat Pay and AliPay. Per JRJ, Jiang Wei, the chair of the China Telecom Blockchain and Digital

from Cryptonews