The Silicon Bund: How Shanghai is Building the Wall Street of Web3 I. The Digital Yuan Laboratory 1. Pilot Program Breakthroughs:- Metro system integration reaching 43 million users - Cross-border trade settlements with 19 nations- Smart contract-enabled welfare distribution- Offline transaction innovations2. Tec
The Digital Yuan Revolution: How Shanghai Became China's Cryptocurrency Testing Ground Section 1: The National Pilot CityShanghai's unique position in China's digital yuan (e-CNY) rollout:- 87% of all e-CNY transaction volume originates in Shanghai- 42 designated testing zones across the city- 19 foreign banks participating in trials