According to ChainCatcher news, Yi Gang, Governor of the People's Bank of China, said at the 2023 MAS Lecture in Singapore that as of the end of June, the digital renminbi transaction volume was 1.8 trillion yuan, and about 16.5 billion digital renminbi were in circulation, accounting for only China's money supply. 0.16%. Since the digital yuan was first launched in January 2022, approximately 950 million transactions have been conducted across approximately 120 million wallets, with an average transaction value of approximately $260.