Will China’s digital yuan replace WeChat Pay?

China has finally launched an app for its digital currency, the e-CNY, which is even available to athletes attending the 2022 Winter Olympics in Beijing. But does the digital yuan app have the potential to replace WeChat and Alipay? 2022 kicked off with a major leap forward for the e-CNY, also known as the digital yuan, as the beta version of the digital yuan app was officially launched on iOS…