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Digital yuan transactions overtake Visa at Winter Olympics

Venezuela, Distrito Capital, Caracas
Published 4 years ago
ID #1306
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Digital yuan transactions overtake Visa at Winter Olympics
Venezuela, Distrito Capital, Caracas,
Published 4 years ago

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On the day of the opening ceremony of the 2022 Beijing Winter Olympics, it was reported that more transactions were made in China's central bank digital currency than were made through Visa (NYSE:V).

Writing in the Wall Street Journal on Wednesday, a person familiar with the matter said digital yuan transactions significantly outperformed Visa on February 4 at Beijing's National Stadium, also known as the Bird's Nest, the venue of the opening ceremony of the 34th Olympic Winter Games. 

However, many of the merchants that allowed purchases with China's central bank's digital currency, the digital yuan (e-CNY), were outside the health "bubble" for athletes, journalists and Olympics staff. 



Visa Olympics

Olympics yuan 

Digital Olympics

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    eduardo
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    X-NODE Location

    Venezuela, Distrito Capital, Caracas
    Capital Federal Caracas 3884384