"Progress and Prospects of Digital Renminbi Pilot"\nThe pilot program for digital renminbi in our country has entered its fourth phase, expanding the pilot scope to 26 cities. The latest data shows that as of May 2024, the number of digital renminbi transactions has surpassed 1 billion, with more than 5 million merchant acceptance points. Compared to previous phases, this stage of the pilot program exhibits three new characteristics: first, an increase in smart contract application scenarios; second, significant progress in cross-border payments; and third, a higher integration with existing payment systems. Experts predict that in the future, digital renminbi will play a greater role in areas such as government services and enterprise settlements, but its comprehensive promotion still needs to address issues beyond technology, such as user habit formation.\n#TradersLeague $XRP \n