China’s Digital Currency Push Sends a Clear Market Signal
4 Articles
4 Articles
China’s Planned Digital Yuan Rewards May Add New Competition For U.S. Dollar Stablecoins
China has announced that it will roll out interest payments for its digital yuan, beginning January 1, 2026, to further drive the adoption of the state-backed digital asset. The US Congress is still debating whether to block stablecoin yields, which may give China and other economies a competitive advantage. From January 1, commercial banks that operate digital yuan wallets will pay interest to clients based on the amount of virtual currency th…
China’s Digital Currency Push Sends a Clear Market Signal
China has once again captured global financial attention with a decisive digital currency policy shift. Following the People’s Bank of China’s announcement that digital yuan wallets may accrue interest, investor sentiment changed rapidly. Capital flowed into companies aligned with the digital yuan ecosystem within days. According to Securities Times, investors poured over $188 million into related firms after the announcement. This move signals …
From 1 January 2026, users of digital Yuan will be able to collect interest on their assets, a major development designed to stimulate adoption that still struggles to take off. A bank status finally equivalent So far reserved for traditional bank deposits, the interest payment will now apply ... Read more Like KultureGeek on Facebook, and follow us on Twitter Don't forget to download our free iAddict app for iPhone and iPad (link App Store) Rea…
Digital yuan to generate interest income in 2026
Starting January 1, e-CNY stored in wallets will earn interest based on demand deposit rates, becoming the world’s first interest-bearing central bank digital currency Holdings of digital yuan, or e-CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up efforts to promote the use of its central bank digital currency. Starting January 1, e-CNY stored in wallets will ear…
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