经济日报：数字人民币可计息意味着什么？丨头条热评

Core Insights - The People's Bank of China has introduced a significant adjustment to the digital yuan management service system, allowing banks to pay interest on customer real-name digital yuan wallet balances, marking a transition from a digital cash era to a digital deposit currency era [1][2] Group 1: Digital Yuan Management and Interest - The new policy is expected to enhance the willingness of individuals and businesses to use digital yuan, as starting in 2026, funds in digital yuan wallets will earn interest similar to demand deposits [1] - Digital yuan deposits will be covered by the deposit insurance system, and non-bank payment institutions will implement 100% digital yuan margin requirements, ensuring the safety of funds [1] Group 2: Impact on Banking Sector - The upgrade in the core positioning of digital yuan is likely to activate commercial banks' intrinsic motivation to participate in the digital yuan ecosystem, reversing the previous situation where banks only invested without returns [1] - Under the new regulations, digital yuan deposits will become a usable source of funds for banks, enhancing their motivation to promote digital yuan and allowing for the development of more deposit, wealth management, and credit products [1] Group 3: Expansion of Usage Scenarios - The adjustment is expected to encourage more merchants to adopt digital yuan, further enriching its usage scenarios, with 230 million personal wallets and 18.84 million corporate wallets reported by November 2025, totaling 3.48 billion transactions worth 16.7 trillion yuan [2] - The ability to earn interest on digital yuan will benefit users, banks, and non-bank payment institutions, promoting deeper integration of digital yuan with existing payment systems and supporting the sustainable development of the digital yuan ecosystem [2]