During the 4th summit held in Fuzhou, several banks announced prototypes of CBDC ATMs and terminals to support the digital yuan. They can be used to top up the account with fiat currencies, pay for digital yuan goods and services
The devices successfully convert fiat currency into CBDC, upload them to the hardware wallet account and issue a card with CBDC.
The card will be read by the available balance. It can be used for payments through special terminals designed to receive digital payments in yuan.
The official launch of the digital yuan is expected at the Winter Olympics. The range of outlets where CBDC will be accepted is quite wide supermarkets, transport, pharmacies, shopping malls, educational, medical and many other institutions.