December 31, China Bank today issued the "Announcement on Interest Calculation for Digital Renminbi": "Starting from January 1, 2026, China Bank will pay interest on the balance of users' real-name digital renminbi wallets opened with our bank at the bank's prevailing deposit rate for current accounts. The interest calculation rules are consistent with those for current deposits." The meaning in China is that you earn interest by holding stablecoins on exchanges and on-chain DeFi, and holding digital renminbi in your wallet also earns interest without any action required, with very low risk and backed by China. It’s more reliable than on-chain and exchange platforms! China has begun to counter the stablecoin track, and the decisive factor now is to see who can emerge victorious after China’s strategic game.
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December 31, China Bank today issued the "Announcement on Interest Calculation for Digital Renminbi": "Starting from January 1, 2026, China Bank will pay interest on the balance of users' real-name digital renminbi wallets opened with our bank at the bank's prevailing deposit rate for current accounts. The interest calculation rules are consistent with those for current deposits." The meaning in China is that you earn interest by holding stablecoins on exchanges and on-chain DeFi, and holding digital renminbi in your wallet also earns interest without any action required, with very low risk and backed by China. It’s more reliable than on-chain and exchange platforms! China has begun to counter the stablecoin track, and the decisive factor now is to see who can emerge victorious after China’s strategic game.