Development and Practice of Digital Currency, Challenges and Opportunities: The Case of Digital RMB

mid the vigorous development of the digital economy, the digital RMB is gradually becoming a key issue in the field of financial technology. The digital transformation of the RMB provides the financial industry with a strategic opportunity to shift from informatization to digital operations, aiming to enhance the efficiency of the financial system in serving the real economy, expand financial inclusion, and lay the foundation for the internationalization of the digital RMB. As the influence of the digital RMB continues to expand, the challenges encountered in its development, such as market adaptability, technical challenges, mechanism constraints, and the complex international environment, have become increasingly prominent. Therefore, in advancing the digital RMB, it is essential to continuously improve the monetary and financial legal system and regulatory framework, and to emphasize the importance of strengthening the construction of an international cooperation system, in order to promote the healthy development of the digital RMB and address the challenges of globalization.