digihuman(BJ:835670) Xin Lang Cai Jing·2026-01-06 18:32Core Viewpoint - The digital renminbi will start accruing interest on wallet balances as of January 1, 2026, marking a significant transition from "digital cash" to "digital deposit currency" after over a decade of development and trials [1]. Group 1: What is Digital Renminbi - Digital renminbi is a digital form of legal currency issued by the People's Bank of China, equivalent to physical renminbi, and backed by state credit [1]. - The upgrade from version 1.0 to version 2.0 signifies a leap in functionality, transforming it from "digital cash" to "digital demand deposits" [1]. - Digital renminbi fundamentally differs from virtual currencies, as it is a state-backed legal tender, while virtual currencies are decentralized and highly volatile [1]. Group 2: Benefits for Consumers - The upgrade enhances consumer experience through three main aspects: "interest," "convenience," and "security" [2]. - "Interest" refers to the ability of real-name digital renminbi wallet balances to earn interest at the bank's demand deposit rate, increasing user willingness to hold digital renminbi [2]. - "Convenience" includes features like "dual offline payment," allowing transactions without internet access via NFC technology [2]. - "Security" is highlighted by the fact that wallet balances up to 500,000 yuan are insured, matching the safety level of bank deposits [2]. - The "smart contract" feature of digital renminbi can effectively protect consumer interests in prepaid scenarios [2]. - Digital renminbi adheres to the principle of "small anonymous, large traceable," catering to public needs while supporting regulatory requirements [2]. Group 3: Strategic Significance at the National Level - Digital renminbi holds significant strategic importance for the country, ensuring financial security and maintaining payment system functionality in extreme situations [3][4]. - It promotes the internationalization of the renminbi, facilitating easier settlement and clearing in international transactions [3][4]. - As the first major economy to position central bank digital currency as interest-bearing deposit currency, China strengthens its leading role and influence in global digital currency regulations [3][4]. - It enhances regulatory capabilities to combat money laundering and tax evasion through high traceability [4]. - Digital renminbi fosters inclusive finance, providing basic financial services to unbanked populations, contributing to common prosperity [4].