The yuan's use in global payments experienced a significant decline in September, which was the largest drop on record. The currency's share of global transactions fell to 3.6%, a decrease of 1.1 percentage points from August.

The recent downturn raises questions about the currency's future trajectory in global trade and finance, as market participants closely monitor these developments. The data, which goes back to 2010, highlights the yuan's fluctuating role in international finance due to changing foreign exchange dynamics.

This decline follows a peak of 4.7% in July, indicating a notable shift in the currency's market presence. The yuan's fluctuating role in international finance is evident, and its future in global trade and finance remains uncertain.