Woofun AI reports that the Digital Renminbi International Operation Center has executed a comprehensive infrastructure overhaul, merging its cross-border digital payment, blockchain service, and digital asset platforms into the unified 'Shubida' cross-border settlement comprehensive service platform. This strategic consolidation, abbreviated as CBETS, reflects adjustments to the digital renminbi measurement framework and aims to streamline cross-border e-CNY transfer services.

Concurrently, the center has formalized operational readiness by signing service agreements with the first cohort of 26 direct participant financial institutions.