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China’s payment system gains ground

Industry News
Wednesday 7th October, 2026 China’s cross-border payment system hit a record daily volume in August, while the US dollar remains dominant in global trade and currency exchange. This gives Wise a natural link to the conversation about how international payments are changing for people and businesses.
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China’s payment system is gaining cross-border users as countries seek alternatives to Western networks, creating an opening for you to comment on what this means for international payments and consumer choice.

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