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7Institutional TransitionProgressed· since 2026-06-14Jun 16, 2026

Digital Yuan Signs 26 Direct Participants as CBDC Rail Expands

The Digital Yuan International Operation Center signed formal agreements with 26 direct participants, expanding the CBDC's operational rail. The ECB's Christine Lagarde separately made a formal statement positioning the digital euro as Europe's primary answer to financial market transformation. KPMG Canada also publicly urged the development of sovereign digital payment rails.

Digital Yuan International Operation Center signed agreements with 26 direct participants, a concrete expansion milestone beyond the general digital payments system development reported June 14.

Story timeline · 3 days

  1. Jun 17, 20267
    China mBridge CBDC Platform Prepares Commercial Rollout; PBoC Flags Stablecoin Threat

    mBridge confirmed preparing for commercial rollout; PBoC official publicly stated stablecoins threaten the international monetary system.

  2. Jun 16, 20267· this story
    Digital Yuan Signs 26 Direct Participants as CBDC Rail Expands

    Digital Yuan International Operation Center signed agreements with 26 direct participants, a concrete expansion milestone beyond the general digital payments system development reported June 14.

  3. Jun 14, 20266
    China Develops Digital Payments System to Challenge US Dollar Dominance

Sources · 2