On January 27, the authorities of the Chinese city of Chengdu in Sichuan province will distribute 30 million digital yuan (~ $ 4.6 million) among the population. The Block writes about this with reference to local media.
Online retailer JD.com will also receive 20 million yuan ($ 3.1 million). In December 2020, the company already participated in the experiment – within a day after its start, customers made almost 20,000 transactions on the site in national digital currency (DCEP).
Winners of the Chengdu red envelope distribution lottery must spend the prize between February 4-26, 2021.
Previously, the mass testing of the digital yuan took place in Shenzhen. In the second DCEP test, local residents made nearly 140,000 transactions worth 18.22 million yuan (~ $ 2.8 million).
In January 2021, the third phase of testing began. In the same month, Beijing and Shanghai announced plans to support DCEP testing.
Recall that in December, an experiment with the distribution of 100,000 “red envelopes” took place in Suzhou.
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