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Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge
![Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge](https://i0.wp.com/4second.com/wp-content/uploads/2024/06/f5080317-a95d-4250-be79-a560d5e9f47d-768x432-xSzO32.jpeg?resize=768%2C432&ssl=1)
Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-enabled cross-borders settlement platform. Tencent participated through its international settlements arm Tenpay, which piloted the use case of the Chinese CBDC, the digital yuan, to settle e-commerce exports using Mbridge’s rails. Tencent Participated […]