China Processes 175,000,000,000,000 Yuan Across 189 Countries As BRICS Nation Boosts Foreign Access, Ditches Dollar Dependence: Report

China is bolstering its cross-border payment systems in a push to advance the yuan’s role in global finance. The People’s Bank of China’s (PBC) Cross-Border Interbank Payment System (CIPS) now connects over 1,700 institutions across 189 countries, processing 175 trillion yuan ($24. 55 trillion) last year, reports the state-owned Global Times source: https://dailyhodl.com/2025/10/28/china-processes-175000000000000-yuan-across-189-countries-as-brics-nation-boosts-foreign-access-ditches-dollar-dependence-report/