Core Viewpoint - The latest SWIFT data indicates that by September 2025, the renminbi (RMB) will rise to the fifth position in global payment currencies, accounting for 3.17% of the total, with a 15.53% increase in payment amounts compared to August 2025, while total payment amounts across all currencies increased by 6.74% [1]. Group 1 - SWIFT's statistics on RMB payments only include offshore payment messages and some cross-border payment messages, meaning a significant amount of RMB cross-border receipts are not included in SWIFT's statistics [1]. - The People's Bank of China (PBOC) considers data from the Cross-Border Interbank Payment System (CIPS) and commercial bank internal systems, providing a more comprehensive view of RMB's international payment status [1]. - The ranking of RMB as the third-largest global payment currency is based on a full-caliber statistical approach, reflecting its true position in international payments [1]. Group 2 - In June 2025, the Governor of the People's Bank of China, Pan Gongsheng, stated that based on full-caliber calculations, the RMB has become the third-largest payment currency globally [1].

Core Insights - As of September 2025, the RMB has risen to the fifth position in global payment currencies, accounting for 3.17% of the total, with a 15.53% increase in payment amounts compared to August 2025, while total payment amounts for all currencies increased by 6.74% [1] Group 1 - SWIFT's statistics on RMB payments only include offshore payment messages and some cross-border payment messages, indicating that a significant amount of RMB cross-border transactions are not captured in SWIFT's data [1] - The People's Bank of China (PBOC) considers data from the Cross-Border Interbank Payment System (CIPS) and commercial bank internal systems for a more comprehensive assessment of cross-border payments, which aligns better with the definition of international currency usage [1] - Based on a full-caliber assessment, the RMB has been recognized as the third-largest payment currency globally, reflecting its true status in international payments [1]

Core Insights - The report from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) indicates that the Renminbi (RMB) remains the sixth most active global payment currency as of July 2025, with a market share of 2.88% [1] - The total payment amount in RMB increased by 5.82% compared to June 2025, while the overall payment amount for all currencies rose by 5.99% during the same period [1] - When considering international payments outside the Eurozone, the RMB also ranks sixth, holding a share of 2.11% [1]

Core Insights - The global payment currency ranking for June shows that the Chinese Yuan (CNY) is the sixth most active currency worldwide, accounting for 2.88% of the total payment volume [1] - When considering international payments outside the Eurozone, the CNY ranks sixth as well, with a share of 2.12% [1] Group 1 - The CNY's position as the sixth most active currency indicates a growing acceptance and usage in global transactions [1] - The percentage share of the CNY in global payments reflects its increasing importance in international trade and finance [1] Group 2 - The ranking of currencies shows that the US Dollar (USD) remains the dominant currency with a share of 47.19%, followed by the Euro (EUR) at 23.87% [2] - Other currencies in the top ten include the British Pound (GBP) at 7.59%, Japanese Yen (JPY) at 3.84%, and Canadian Dollar (CAD) at 3.43%, highlighting the competitive landscape of global currencies [2]

Core Insights - The global payment currency ranking for April shows that the Chinese Yuan (CNY) is the fifth most active currency, accounting for 3.50% of global payments [1] - When excluding the Eurozone, the CNY ranks sixth with a share of 2.38% [1] Group 1: Global Payment Rankings - The top five currencies in global payments are as follows: 1. USD: 49.68% 2. EUR: 22.24% 3. GBP: 6.51% 4. JPY: 4.03% 5. CNY: 3.50% [2] - The CNY's position reflects its growing importance in international trade and finance [1][2] Group 2: Comparative Analysis - The CNY's share of 3.50% places it ahead of the Canadian Dollar (CAD) at 3.18% and the Hong Kong Dollar (HKD) at 1.73% [2] - The CNY's ranking and share indicate a trend towards increased usage in global transactions, highlighting its potential for further growth [1][2]