The digital yuan is already the official virtual currency in China.
This Monday, the Central Bank of China officially unveiled the digital yuan as the country’s official virtual currency. Yuan Pay Group was chosen to distribute it, manage transactions and secure online commerce, payments of which are made in this cryptocurrency.
The adoption of the digital yuan has been such that its price continues to rise. Since its original cost of $ 0.01, its price has already surpassed $ 0.18 per unit, and its value is continually updated every 15 minutes, according to the Yuan Pay Group website.
Part of this success is due precisely to the fact that it is a cryptocurrency officially backed by the government of the country, which is still exceptional, but also because it is extremely easy to obtain the digital yuan. It is enough to go to the Yuan Pay Group website, register and complete the transaction by phone through an authorized agent available in the region of the interested party.
Yuan pay group official site, currently the only company officially authorized to manage Digital Yuan, has links with more than 900 banks around the world to facilitate the transfer of funds.
In the current 2021, the Yuan Pay Group predicts that 90% of the current yuan will be changed to this cryptocurrency, which will exceed 500 million investors worldwide, but perhaps the most impressive and ambitious data is that one would expect the price RMB Digital reaches 5,000 euros per unit for a year, which does not seem unreasonable given the events that took place on this first day of free operation.