RMB is the abbreviation for the Chinese currency, the Renminbi. The Renminbi (RMB) is the official currency of the People's Republic of China and is issued by the People's Bank of China, the country's central bank.

There has been some discussion about the possibility of China issuing a digital version of the Renminbi, also known as the Digital Renminbi or e-RMB. The Digital Renminbi is a digital version of the physical currency that is issued and backed by the People's Bank of China. It is not a cryptocurrency, but rather a digital representation of the physical currency that can be used for electronic transactions.

The Digital Renminbi is being developed as a way to improve the efficiency and convenience of transactions, particularly in the digital economy. It is also seen as a way to promote the use of the Renminbi as an international currency and to enhance the central bank's ability to conduct monetary policy.

The Digital Renminbi is currently being tested in a number of pilot programs in various cities in China, but it is not yet widely available. It is not clear when the Digital Renminbi will be officially launched or how it will be adopted by the general public.