Deel dit artikel
China's CBDC Trials Reach Beijing Subway
Passengers with Industrial and Commercial Bank of China's mobile app can use the digital yuan to pay their fares.
Door Jamie Crawley
Trials of China's central bank digital currency (CBDC) have reached the subway system in the capital city, Beijing.
STORY CONTINUES BELOW
Mis geen enkel verhaal.Abonneer je vandaag nog op de Crypto Daybook Americas Nieuwsbrief. Bekijk Alle Nieuwsbrieven
- Subway passengers with Industrial and Commercial Bank of China's (ICBC) mobile app can use the digital yuan to pay their fares, according to an announcement Wednesday.
- The digital yuan, known as e-CNY, has been in trials around the country for several months.
- Beijing is one of three cities to have held a lottery with winnings distributed in digital yuan.
- The announcement today signals trials reaching a use case with a potential mass consumer base.
- Beijing's subway system is among the world's busiest, with a daily average number of passengers of more than 10.5 million in 2018.
Read more: China’s Xiong’an New Area Begins Using Digital Yuan for Salary Payments
Meer voor jou
Wat u moet weten:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
TON Extends Slide, Drops More Than Broader Crypto Market
The token's trading range was volatile with above-average volume indicating trader repositioning and uncertainty.
What to know:
- TON's price fell 3.4% to $1.5567, underperforming the broader crypto market which lost 1.8%.
- The token's trading range was volatile with above-average volume indicating trader repositioning and uncertainty.
- Technical signs are mixed, with TON finding support near $1.5449 but struggling to sustain recoveries, leaving traders watching for signs of stabilization or further rotation away from the asset.
Top Stories
