WeChat offers digital yuan payments ahead of Beijing Olympics

Tech giant's big user base a boost to China central bank currency

20220106N WeChat

 WeChat boasts 1.2 billion users across the world, with most living in China. (Photo by Yusuke Hinata)

SHUNSUKE TABETA, Nikkei staff writer

GUANGZHOU -- Tencent Holdings has made WeChat, the world's largest chat app, compatible with payments using the digital yuan ahead of the Beijing Winter Olympics, the Chinese tech giant said Thursday.

The government plans to test its digital yuan around Olympic venues when the Games start next month. Making the popular WeChat app compatible with the currency significantly boosts user convenience.

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