On September 25, 2025, reporters obtained information from the People's Bank of China, revealing that the International Operation Center for Digital RMB has officially started its operations in Shanghai. This center has rolled out three key business platforms: the Digital RMB Cross-Border Digital Payment Platform, the Digital RMB Blockchain Service Platform, and the Digital Asset Platform.
The Cross-Border Digital Payment Platform is set to explore the application of legal digital currency as a means to tackle the long-standing issues plaguing traditional cross-border payments. In traditional cross-border transactions, there are often problems such as high fees, long processing times, and complex procedures. By leveraging legal digital currency, this platform aims to streamline the process and make cross-border payments more efficient and cost-effective.
The Blockchain Service Platform is designed to cater to various blockchain scenarios and industries. It offers standardized cross-chain transaction information relay services, which enable seamless communication and data transfer between different blockchain networks. Additionally, it provides on-chain Digital RMB payment services, allowing for secure and transparent transactions within the blockchain ecosystem. This platform plays a crucial role in fostering interoperability and innovation in the blockchain space.
The Digital Asset Platform, on the other hand, focuses on delivering standardized, ready-to-use financial-grade digital asset services. These services are tailored to support the expansion of existing financial infrastructure businesses onto the blockchain. By providing a reliable and efficient platform for digital asset management, it helps financial institutions and businesses leverage the benefits of blockchain technology, such as enhanced security, transparency, and traceability.