China and Oman Sign CBDC Cooperation Agreement and Reach 30 billion yuan Currency Swap Arrangement

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China and Oman signed a memorandum of understanding on CBDC cooperation and reached a five-year currency swap arrangement capped at 30 billion yuan, with a counterpart value of 1.5 billion Omani rials. The arrangements are intended to strengthen cooperation on digital payments and sovereign digital currencies, and improve cross-border digital payment settlement. The agreement does not mention mBridge or platform membership, and the materials do not confirm that Oman will join the platform.