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China’s Digital Yuan Enters New Phase with Interest-Bearing Accounts

China’s Digital Yuan Enters New Phase with Interest-Bearing Accounts

Published:
2025-12-30 08:05:02
18
3
BTCCSquare news:

China's central bank has pivoted its digital currency strategy, authorizing commercial banks to pay interest on digital yuan holdings for the first time. This marks a strategic shift toward aligning the state-backed currency with conventional banking products.

The MOVE signals Beijing's push to accelerate adoption of its CBDC by offering yield-bearing accounts—a feature previously exclusive to traditional deposits. Analysts note this blurs the line between sovereign digital currencies and commercial bank money.

|Square

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