China has rolled out a broad range of payment products to help both Chinese citizens and foreigners experience the convenience of mobile payment with China’s digital fiat currency, or the e-CNY, for small-value payments during the 2022 Olympic and Paralympic Winter Games. During the just-concluded Beijing 2022 Winter Olympics, many people used digital yuan to buy Bing Dwen Dwen, the official mascot of the sports event, from a store selling Beijing 2022 licensed merchandise at the National Stadium in Beijing. The Beijing 2022 Winter Olympics is an epitome of the pilot programs of the digital yuan. Over the past few...