BEIJING -- China's digital yuan trials racked up 34.5 billion yuan ($5.34 billion) in transactions by the end of June, according to a white paper released Friday by the People's Bank of China.
The currency has been used in 70.75 million payments so far across more than 1.32 million "scenarios" -- not only in retail settings like stores and restaurants, but also for public transportation, utility bills and government services. The central bank said it has "no preset timetable" for a full launch.
