Digital Yuan Investments Will Earn Interest

A New Era for Digital Yuan Begins

People's Bank of China will launch a new digital yuan framework as of January 1st. With this framework, commercial banks will start paying interest to those holding the digital currency. Thus, the digital yuan will evolve from just digital cash to a form of digital deposit money.

Proposal for an International Operations Center

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