China’s Central Bank Digital Currency (CBDC) wallet has become one of the country’s fastest-growing apps by downloads, attracting millions of users so far, the bank revealed on Tuesday. According to Zou Lan, the head of financial markets at the People’s Bank of China (PBOC), 261 million individual users, which is roughly one-fifth of the entire Chinese population, have installed e-CNY wallets since the app was launched earlier this month. Lan also revealed that a total of 87.5 billion yuan ($13.78 billion) worth of transactions were made using the e-CNY since trials started. China started developing the concept of a national…