cbdc

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Illustration of a person holding a phone with a digital coin connected to a global network

China's Digital Yuan and mBridge: The CBDC Story, Explained (2026)

China built the world's most advanced central bank digital currency and a cross-border rail that could route around the dollar. A hype-free explainer on the e-CNY, mBridge, and why the 'BRICS beats SWIFT' headline needs an asterisk.

Sam Okafor · 1h ago · 8 min