China-led cross-border CBDC platform mBridge surges past $55 billion in transaction volume: Reuters

TL;DR:

China's digital yuan accounts for approximately 95% of settlement volume on the platform, which includes central banks from elsewhere in Asia.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.