Digital Yuan Investments Will Earn Interest

A New Era Begins for Digital Yuan

The People's Bank of China will launch a new digital yuan framework starting January 1. With this framework, commercial banks will begin to pay interest to holders of the digital currency. Thus, the digital yuan will transform from just a digital cash to a digital deposit currency.

Proposal for an International Operations Center

Additionally, in order to enhance the global impact of the digital yuan, an international digital yuan operations center is proposed in Shanghai. This initiative aims to strengthen the role of the digital yuan in international markets.