Derived from TheMarketPeriodical, China’s People’s Bank of China (PBC) will start paying interest on digital yuan deposits under a new Action Plan to be implemented from January 1, 2026. Deputy Governor Lu Lei outlined the plan in an article published by the Financial Times, aiming to boost adoption by transforming the digital yuan into a deposit currency. The framework also supports international usage and leverages blockchain technology for cross-border ambitions.
China to Pay Interest on Digital Yuan Deposits Starting 2026
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Summary
China’s digital asset market moves closer to mainstream use as the PBC plans to pay interest on digital yuan deposits from 2026. Deputy Governor Lu Lei outlined the plan in the Financial Times, aiming to turn the digital yuan into a deposit currency. The framework supports international usage and uses blockchain for cross-border goals. Altcoins to watch may gain attention as the digital asset market evolves with central bank innovation.
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