Published At : 24 Nov, 2025
UAE and China Complete Landmark Transaction Using Digital Dirhams
The government of the UAE completed the first transaction using digital dirhams, its CBDC, to make a cross-border payment to China. The development, which leveraged the Mbridge platform, opens new horizons for cooperation, said the UAE Vice President Sheikh Mansour.
UAE Enters The Digital CBDC Age: Completes Landmark Transaction Using Digital Dirham
The Facts
The United Arab Emirates (UAE) has executed one of its first payments using the country’s central bank digital currency (CBDC), the digital dirham.
According the payment was expedited by Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, on Wednesday.
The transaction, which was executed during a meeting with Pan Gongsheng, Governor of the People’s Bank of China (PBOC), utilized Mbridge, a system developed in collaboration among China, Hong Kong, Thailand, and the UAE, with the support of the Bank for International Settlements (BIS).
