Chen Wen: DCEP is expected to become the most commonly used pricing and settlement unit for cross-border digital asset transactions

On December 25th, Chengdu Daily published an article by Chen Wen of the School of Finance of Southwestern University of Finance and Economics, "From Jiaozi to DCEP, a New Opportunity to Build a Digital Economy Heights in Chengdu." The article stated that Chengdu has three significant advantages for the central bank's digital currency pilot. The first is that Chengdu has a good reserve of fintech talents to ensure that DCEP research and development can be effectively supported. Second, the financial technology industry has a solid foundation and strong government support, which provides a good industrial foundation for the implementation of DCEP. Third, the rapid development of the digital economy provides strong support for the central bank's digital currency scene.