Xiongan New Area: Combining blockchain with digital RMB to launch "Digital Currency Loan" product, with payment amount of nearly 100 million yuan

On January 11th, according to the Xiong'an WeChat account, the Xiong'an New Area's digital renminbi pilot has achieved new results. The first digital renminbi tax payment transaction in the financial field has been completed, and related self-service tax terminals have been developed. The government procurement management application uses "blockchain + digital renminbi" technology to increase the proportion of advance payments and implement multiple applications to solve corporate problems. In 2024, the Xiong'an branch of the People's Bank of China, together with the Xiong'an New Area Reform and Development Bureau, will launch the "Implementation Plan for Deepening the Pilot Work of Digital Renminbi in the Rongdong Area" to enhance public awareness. Combining blockchain with digital renminbi, the "Digital Currency Loan" product will be launched with a payment amount of nearly 100 million yuan.