Woofun AI reports that the Digital Renminbi International Operation Center has executed a comprehensive upgrade of its core infrastructure, merging the digital renminbi cross-border digital payment platform, blockchain service platform, and digital asset platform into the unified 'Shubida' cross-border settlement comprehensive service platform. This consolidation, also known as Cross-border e-CNY Transfer Services (CBETS), aligns with adjustments to the digital renminbi measurement framework.

Concurrently, the center has formalized partnerships with the initial cohort of direct participants, securing service agreements with 26 financial institutions. This integration aims to streamline cross-border e-CNY operations through a centralized service architecture.