China completed its first outbound digital yuan transaction, settling a durian shipment to Malaysia in just 30 minutes, showcasing efforts to bypass the Swift system.
The transaction was worth CNY 43,000 ($6,360)
Aug 02, 2026
11:58 am
What's the storyChina has successfully completed its first outbound digital yuan payment to Malaysia, settling a shipment of fresh durian worth CNY 43,000 ($6,360).
The transaction was carried out by the Xiamen branch of China Construction Bank (CCB) in collaboration with its Labuan branch in Malaysia.
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