China is increasing adoption of its digital yuan payment system ahead of the Asian Games, with host cities implementing central bank digital currency (CBDC) transport options. Hangzhou, the host city of the games, has updated its digital yuan app to include a "ride code" function, allowing users to pay for metro transport using their e-CNY wallets. The nearby city of Shaoxing will also accept digital yuan payments, as will the Hangzhou-Hai Intercity Railway. China had hoped to showcase the CBDC at the 2022 Winter Olympics, but scaled down its plans due to the pandemic.
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China's Digital Yuan Payment Adoption Stepping Up Ahead of Asian Games
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