Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included in some limited programs before.
Public Employees in Changshu to Receive Payments in Digital Yuan
The city of Changshu, with a population of more than 1.5 million, will be the first city to use the digital yuan to pay wages of public employees, according to reports from local media. The measure will affect public servants of government offices, as well as schoolteachers, medical staff, employees of state companies, and all who directly receive their wages from the city.
The move is part of the plan of Jiangsu province, in which Changshu is located, to increase the usage of this kind of digital currency, which has not received the expected attention of the citizens, who still prefer to pay using alte
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