China’s Central Bank Digital Currency Will Strengthen Alipay And WeChat Pay, Not Replace Them

, , Comments Off on China’s Central Bank Digital Currency Will Strengthen Alipay And WeChat Pay, Not Replace Them

Some media observers have suggested that Beijing is launching a Central Bank Digital Currency to wrest control from the digital incumbents: Alipay and WeChat Pay. Rather, Alipay and WeChat Pay will …
( read original story …)