Philippines, Vietnam study digital currencies as Alipay, WeChat Pay spread


Source: nikkei.com nikkei.com

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Chinese mobile payment apps WeChat Pay and Alipay are gaining users throughout Southeast Asia, prompting interest in government-issued digital currencies. © Reuters KEITA SEKIGUCHI, Nikkei fintech editor June 17, 2022 03:35 JST | Southeast Asia Copy Copied TOKYO -- The Philippines and Vietnam will start feasibility studies as soon as this month on issuing central bank digital currencies (CBDCs) as Chinese payment apps penetrate Southeast Asia. Read Next