logo

ChainThink

Stay ahead, master crypto insights

Six Major State-Owned Banks Announce: Digital RMB Real-Name Wallet Balances Will Earn Interest Starting January 1

Six Major State-Owned Banks Announce: Digital RMB Real-Name Wallet Balances Will Earn Interest Starting January 1

2025-12-31 19:15

ChainThink News: On December 31, Industrial and Commercial Bank of China, Agricultural Bank of China, Construction Bank of China, Bank of China, Postal Savings Bank of China, and Bank of Communications successively announced that starting January 1, 2026, digital RMB real-name wallets opened at these banks will accrue interest on their balances based on the respective bank’s posted interest rate for demand deposits, with interest calculation and settlement rules consistent with those for demand deposits.

Disclaimer: Contains third-party opinions, does not constitute financial advice

Recommended Reading
Caixin: Expansion of Digital RMB Operating Institutions, 12 Commercial Banks May Enter the Market
Caixin: Expansion of Digital RMB Operating Institutions, 12 Commercial Banks May Enter the Market
Early Brief | U.S. Department of Justice Re-Engages in Dispute with Media Over Binance; CZ Fires Back at Forbes Rankings;
Early Brief | U.S. Department of Justice Re-Engages in Dispute with Media Over Binance; CZ Fires Back at Forbes Rankings;
Circle Chief Economist Gordon Liao: Overseas Stablecoins Are Evolving in Three Key Directions
Circle Chief Economist Gordon Liao: Overseas Stablecoins Are Evolving in Three Key Directions
Caixin: Digital RMB smart contract development supports fully Turing-complete languages such as Solidity on Ethereum
Caixin: Digital RMB smart contract development supports fully Turing-complete languages such as Solidity on Ethereum
Caixin: The digital RMB smart contract differs from Ethereum's smart contracts and is not built on a blockchain network.
Caixin: The digital RMB smart contract differs from Ethereum's smart contracts and is not built on a blockchain network.
Vice President of Beijing Academy of Social Sciences: Digital RMB and compliant stablecoins in Hong Kong, along with other new payment instruments, are reshaping the new paradigm of cross-border payments
Vice President of Beijing Academy of Social Sciences: Digital RMB and compliant stablecoins in Hong Kong, along with other new payment instruments, are reshaping the new paradigm of cross-border payments
Bank of China: Interest Will Be Paid on Balance in Real-Name Digital RMB Wallets Starting January 1
Bank of China: Interest Will Be Paid on Balance in Real-Name Digital RMB Wallets Starting January 1