The digital RMB pilot has started, with four cities taking the lead in implementing wage distribution.

Recently, internal testing screenshots of the Digital Currency Electronic Payment (DCEP) have sparked widespread follow on social media. It is reported that this Digital Money electronic payment system will be piloted in four cities, including Shenzhen, Xiong'an, Chengdu, and Suzhou. Starting this month, the salaries and subsidies of some government agencies and public institution employees in these cities will be distributed through Digital Currency.

This news has sparked public interest in the development of Digital Money in China. As a central bank-led electronic payment system, the Digital Renminbi aims to provide a safer and more efficient payment method while opening up new possibilities for financial innovation.

As the pilot work progresses, people are full of expectations for the specific application scenarios and user experiences of the digital RMB. The gradual promotion of this technology may have a profound impact on the existing payment system and financial ecosystem, injecting new momentum into the development of China's digital economy.