The People’s Bank of China (PBoC) has completed the integration of its cross-border payment system using the digital yuan (e-CNY) with 10 ASEAN countries and 6 Middle Eastern states.Now, up to 38% of global trade can be settled directly in e-CNY, bypassing the SWIFT network — reducing transaction times from 3–5 days to just about 7 seconds.This marks a major step toward reshaping global financial architecture — with less reliance on the dollar and greater speed and efficiency in international payments.