Digital Yuan Investments Will Yield Interest

A New Era for Digital Yuan Begins

The People's Bank of China will launch a new digital yuan framework on January 1st. This framework will allow commercial banks to start paying interest to holders of the digital currency. Thus, the digital yuan will evolve from being merely digital cash to becoming digital deposit money.

Proposal for an International Operations Center

Additionally, to enhance the global influence 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.