北京商报讯（记者 刘四红）2026年1月9日，北京商报记者从中国人民银行深圳市分行、国家外汇管理 局深圳市分局处获悉，"货币桥"为企业出海"铺路搭桥"，辖内累计开展业务金额超248亿元，涵盖货物 贸易、服务贸易、资本项目、供应链及大宗商品交易等应用场景，覆盖前海、河套等深圳综改重点区 域。数字人民币预付模式签约商家已突破5700家，服务客户超280万人次，管理资金超51亿元。推动集 成硬钱包功能的深圳AI城市旅行卡在金博会首发，数字人民币硬钱包自助终端首次入驻APEC非正式高 官会，实现硬钱包"金融+文旅""金融+会议"一站式体验。 ...

Core Insights - Digital RMB is characterized by a solid foundation and accelerated penetration in application scenarios, but the transaction scale still needs to break through [1][4] - Compared to cryptocurrencies, Digital RMB has institutional advantages such as legal tender status, regulatory control, privacy and compliance balance, and controllable anonymity [1][4] - The development focus of Digital RMB should be on solidifying the foundation and educating on application scenarios rather than pursuing short-term transaction volume spikes [1][4] Development Status - As of the end of September this year, the Digital RMB pilot has covered 26 regions across 17 provinces, with a cumulative transaction amount of 14.2 trillion yuan and 33.2 billion transactions processed [4] - A total of 225 million personal wallets have been opened through the Digital RMB app, with applications in wholesale retail, dining, education, healthcare, public services, social governance, and rural revitalization [4] Institutional Framework - The People's Bank of China has established a dual-center structure for Digital RMB, with an International Operation Center in Shanghai for cross-border cooperation and a Management Center in Beijing for system construction and maintenance [5] - Experts suggest that regulatory authorities should continue to adhere to a "prudent" management principle while enhancing the application scenarios and scope of Digital RMB [5] Future Directions - To promote the development of Digital RMB, it is recommended to enhance communication with other central banks and international organizations for cross-border interoperability and pilot projects [7] - Financial institutions and compliant technology companies should be encouraged to innovate in payments, smart contracts, and compliance data services under strict compliance guidelines [7] - There is a need to improve the legal framework for digital currencies and stablecoins, including anti-money laundering provisions and emergency response mechanisms [7]

Core Insights - The rise of technology is profoundly reshaping the financial landscape, with the integration of technology and finance driving innovation and providing robust support for real economy exploration [1] - The dialogue in the "Tech Finance Talk" series aims to explore the real-world applications and future possibilities of tech finance, focusing on stablecoins, digital currency paths, and the risks behind decentralization [1] Stablecoins and Cross-Border Payments - Stablecoins serve as a bridge for existing fiat currencies to enter digital scenarios, but they cannot bypass existing currency management frameworks, such as capital account convertibility [5] - The decentralized nature of stablecoins may lead to arbitrage opportunities, enhancing the ease of currency exchange despite existing restrictions [5] - The promotion of stablecoins should ideally follow the opening of capital accounts to mitigate challenges to national monetary policies [5] RMB Internationalization - Hong Kong's status as an offshore dollar business center could be compromised if stablecoin-related activities are not permitted, potentially weakening its competitive edge as an international financial hub [6] - The exploration of stablecoin cross-border payment functions is significant for breaking the dollar-dominated international monetary system [6] Cautious Approach to RMB Stablecoin - The current market dominance of dollar-pegged stablecoins presents a significant network effect, making it a risky time to introduce a RMB stablecoin [7] - Competing directly with dollar stablecoins could hinder the expansion of RMB's network effect and expose it to external shocks [7] Digital Currency Path for RMB - China's push for digital currency aims to strengthen its monetary sovereignty and payment influence amid global digital currency transitions [8] - To establish the digital RMB as a globally accepted currency, a robust digital economy and financial system must be developed [9] Network Effects and Multi-CBDC Bridge - A "multi-CBDC bridge" mechanism is proposed to facilitate interconnectivity among various digital currencies, breaking the monopoly of a single currency and enhancing transaction efficiency [10] Dollar Stablecoins and Market Dynamics - The demand for dollar stablecoins is driven by their liquidity and efficiency, which supports the dollar's status despite growing concerns over U.S. credit [11][12] - The inherent vulnerabilities of stablecoins, particularly the "trilemma" of fixed exchange rates, free convertibility, and independent monetary policy, pose risks to their stability [14]