The agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement platform that supports round-the-clock digital payment links with foreign central banks and overseas financial institutions.

Beijing is expanding its digital-yuan network for cross-border use, the latest step in moving the e-CNY beyond domestic retail.

The agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement platform that supports round-the-clock…