Digital Yuan Investments Will Earn Interest

A New Era for Digital Yuan Begins

The People's Bank of China will launch a new digital yuan framework starting from January 1st. With this framework, commercial banks will begin paying interest to those holding the digital currency. Thus, the digital yuan will transition from being merely digital cash to becoming a digital deposit currency.

Proposal for an International Operation Center

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