China’s official wallet app for its central bank digital currency has reportedly launched a new feature to allow users to send the digital yuan-filled red packets to each other. Similar to the feature of other Chinese mobile payment apps such as Alipay and WeChat Pay, the red packet can be sent to only one person or a group of people who would receive a random portion of money from the pool. While the digital yuan is still under trial in some designated cities of China, the latest report reveals that about 261 million people have already set up a digital wallet.

Source: https://cointelegraph.com