The digital RMB has undergone significant adjustments! Entering the era of digital deposit currency from 2026!

The core of this adjustment is to clarify the currency attribute positioning of digital RMB. According to the Action Plan, customers' digital RMB in commercial bank wallets will be officially recognized as "account based commercial bank liabilities", upgrading from cash payment vouchers (M0) to deposit currencies (M1 category). This transformation brings three key changes.

Firstly, activate the value storage function. Banking institutions will charge interest on real name wallet balances at the current deposit interest rate, and the deposit insurance system will simultaneously cover them, making the digital RMB for the first time have the "profitability" feature. According to data, as of the end of November 2025, 230 million personal wallets have been opened nationwide. If calculated at the current current current interest rate, it will create over 10 billion yuan in interest income for users annually. Secondly, the risk prevention and control system will be upgraded. Digital RMB for banking operating institutions will be included in the reserve system framework, and non bank payment institutions will implement 100% margin management to prevent the risk of fund misappropriation from the source. Finally, cross-border payment breakthrough. On the basis of the 387.2 billion yuan cross-border transactions handled by the multilateral central bank's digital currency bridge, new China Singapore cross-border payment pilots were added, and cooperation along the "the Belt and Road" was expanded. Digital RMB accounted for 95.3% of the transaction volume of all currencies.

The adjustment of the digital RMB is giving rise to new opportunities in the industrial ecosystem. In the field of financial IT services, companies such as Changliang Technology and Yuxin Technology have undertaken the transformation of clearing systems for six state-owned banks, with orders increasing by 150% year-on-year; Hang Seng Electronics' 'One Point Access' platform covers multiple financial scenarios, with related revenue accounting for 25%. The hardware terminal market is also bustling, with Guangdian Express leading the adaptation equipment market with a 40% market share, completing 5.6 million merchant terminal renovations; The shipment volume of Feitian Integrity's hardware wallet has exceeded 10 million sets. In the field of cross-border trade services, the trade volume settled through digital RMB in Small Commodity City has exceeded 20 billion yuan, and related solutions from enterprises such as Beijing North and Softtek have served over 5000 small and medium-sized enterprises.