China’s Guangzhou became the first city to launch a pilot function of a digital RMB payment code to pay for bus rides. Passengers can now use the digital yuan (e-CNY) CBDC to pay for public transportation on 10 bus routes through the digital yuan app. Passengers can download the “Digital RMB (Pilot Version)” app in the mobile application market, and after opening the digital RMB CCB wallet, they can scan the code in the scanning area of the bus electronic toll terminal to pay. Not long ago, China expanded the use of e-CNY, with Ningbo becoming the ninth city to...