The central bank’s newly established center aims to accelerate nationwide digital yuan adoption by overseeing operations, infrastructure development, and coordination with market institutions.
The People’s Bank of China has formally set up the Digital RMB Operation and Management Center as part of its plan to expand the digital yuan's use across the country. According to Chinese media Capital Finance, the center will oversee operational management, develop core infrastructure, and coordinate with market institutions to support secure and efficient integration of the central bank’s digital currency into China’s financial ecosystem. This move signals the PBOC’s readiness for large-scale deployment of the digital yuan.