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Mu Changchun, the cumulative transaction volume of the multilateral central bank digital currency bridge is nearly 500 billion yuan.

MarsBitNews
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Mars Finance News, according to a report from Caijing Magazine, Mu Changchun, Director of the Digital Currency Research Institute of the People's Bank of China, gave a speech titled "Central Bank Digital Currency Reshaping Cross-Border Payments" at the 2026 Summer Davos Forum. He stated that new variables have emerged in the international monetary system, with stablecoins and various cryptocurrencies developing rapidly, and the global cross-border payment system moving towards a new stage of development. Mu Changchun revealed that since the Monetary Bridge successfully entered the phase of continuous real transaction operation in June 2024, as of the end of 2025, the platform's cumulative transaction volume has reached nearly 500 billion RMB. Its ultimate goal is to develop into a new type of financial market infrastructure (FMI) built by central banks and participated in by financial institutions under multilateral governance and equal and mutually beneficial models.
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