The People’s Bank of China may test its sovereign digital currency on a popular food delivery service run by Meituan Dianping, a platform with 450 million users in hundreds of cities across the country.
The firm has already started talks on the matter with a special department of the central bank, Bloomberg reported on Wednesday, citing sources. Meituan Dianping may expand the trials to 2,800 cities and counties where it functions. However, it is unclear if testing will be limited to several cities as the terms of the deal have not been finalized yet.
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