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Subscriber OnlyMarketsCryptoDigital Yuan Gives Banks an Edge in Payments, Moody’s SaysPhotographer: Paul Yeung/BloombergByBloomberg NewsAugust 19, 2021, 5:17 AM UTCFromFollow @crypto Twitter for the latest news.China’s digital yuan will help banks become more competitive in the payments sector after steadily losing out to popular technology platforms over the years, according to Moody’s Investors Service.