digihuman(BJ:835670) Xin Lang Cai Jing·2026-02-25 03:33Core Viewpoint - The promotion of digital RMB is gaining momentum, with Agricultural Development Bank of China (ADBC) Shanghai Branch starting to offer digital RMB services to corporate clients from February 25, 2026 [1][7]. Group 1: Digital RMB Business Launch - ADBC Shanghai Branch announced the initiation of digital RMB services for corporate clients, adhering to the "dual-layer" operational model set by the People's Bank of China [8]. - The bank's digital RMB services will comply with regulations regarding bank settlement accounts and anti-money laundering measures to ensure fund security and compliance [8]. Group 2: Business Models - ADBC will implement two business models: 1. Wallet exchange model, allowing clients to open a digital RMB wallet linked to their settlement account for exchanges between digital RMB and RMB deposits [10]. 2. Non-wallet payment model, enabling clients without a digital RMB wallet to make payments directly through the bank's online banking services [10]. Group 3: Industry Response and Developments - Several joint-stock banks and city commercial banks are eager to become operational institutions for digital RMB, with some already preparing personnel for this transition [4][12]. - The current operational framework for digital RMB includes the central bank and a limited number of designated banks, which has restricted broader participation from other commercial banks [11][13]. - There is a strong push from banks to communicate with relevant authorities to expand the list of operational institutions for digital RMB, especially as it enters its "2.0 era" with interest-bearing capabilities [12].