ChainCatcher news: The first batch of digital yuan smart contract payrolls in Sichuan Province was successfully implemented in Chengdu High-tech Zone, distributing over 1 million yuan in wages to 104 construction workers. This technology achieves “instant salary transfer, tamper-proof, and full traceability,” providing an innovative solution to the issue of migrant worker wage arrears.
Local company Yizhi Technology’s “Anxin Zhu” platform provides technical support for this initiative, effectively solving wage payment problems through the integration of “business flow + capital flow.” Chengdu High-tech Zone has established a smart supervision system covering 176 construction projects and 164,600 workers, with total wages paid exceeding 2.817 billion yuan and a payroll issuance rate of 98.62%. Sichuan Province will continue to promote the “Artificial Intelligence+” initiative and expand the application of digital yuan in scenarios such as migrant worker wage payments.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Brent crude spot premium hits $34, the Hormuz crisis reveals the real pressure on oil prices
Global oil markets are becoming increasingly divided. The spread between Brent crude spot and futures prices has widened to $34, and physical oil prices have risen to $141.37—the highest level since 2008—indicating supply tightness. The closure of the Strait of Hormuz has affected tanker shipping, reducing daily output and causing spot premiums to rise, with market sentiment and expected volatility strengthening. Increased policy uncertainty has amplified market turmoil, and future price direction depends on developments in the Middle East.
GateNews2m ago
Warren Buffett bought $17B in US T-bills: A bad omen for Bitcoin price?
Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, said in a CNBC interview this week that his firm purchased approximately $17 billion in US Treasury bills at the latest auction. Is a stock market crash coming and what does it mean for Bitcoin (BTC)?
Key takeaways:
Berk
Cointelegraph6m ago
Digital Assets ETP Landscape: Past, Present and Future
Digital asset ETPs saw a peak of over $250B, ending 2025 with $184B AUM, mainly driven by Bitcoin products. The market is evolving, with over 125 new filings indicating a trend toward diversified asset offerings.
CoinDesk25m ago
Stablecoin trading volume in February hit $7.2 trillion, surpassing the U.S. automated clearinghouse for the first time
Blockchain analytics platform Artemis’ data shows that the 30-day rolling trading volume of stablecoins reached $7.2 trillion in February, for the first time surpassing the $6.8 trillion of the U.S. ACH network. This milestone is the result of the stablecoin market’s rapid growth over the past six years, suggesting it may break through $2 trillion under future regulatory support. The characteristics of stablecoins allow them to operate globally 24/7, highlighting a fundamental difference from traditional payment systems.
MarketWhisper1h ago