The more likely early adoption of the digital yuan will be if state institutions give travel subsidies, like the first announced use case. So far, more than for million transaction have been conducted using the digital currency in pilot mode. At this stage, the central bank will be able to choose whether a transaction is approved or rejected, giving China tighter control over its financial system and citizens. In today’s top news in digital-first banking, digital payments network Zelle crossed over the one-billion transaction mark, while China’s tests of a digital yuan have processed over four million transactions. Starting Friday (local time), any individuals in China's southern city of Shenzhen can apply to join the program through the country's big four banks. One can only predict that the launching is imminent following the recent announcements and support for the CBDC. It is worth mentioning that it is built-in CMMB mobile TV features, the received signal is very strong, even in the room can be stabilized to receive. The People’s Bank of China’s CBDC pilot program has seen $300 million worth of Digital yuan spent, as of Nov 2, 2020. This occurred over four million separate transactions.