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Digital Renminbi Upgrade: Wallet Balances to Earn Interest by 2026 as Banks Move to On-Balance-Sheet Reserves and Non-Banks Remain at 100% Reserve

Digital Renminbi Upgrade: Wallet Balances to Earn Interest by 2026 as Banks Move to On-Balance-Sheet Reserves and Non-Banks Remain at 100% Reserve

Coinotag2025/12/29 04:24
By: Coinotag
RSR+1.84%

Digital renminbi upgrades are on the horizon, with Caixin reporting that wallet balances will become interest-bearing as of January 1, 2026. The reform preserves the dual-layer framework while extending yields to real-name wallets and reinforcing credibility through formal, deposit-like protections.

The initiative relocates bank-operated digital renminbi onto on-bank balance sheets, and pivots reserve requirements from full to partial for banks. Non-bank payment institutions will maintain a 100% reserve posture, promoting liquidity transparency and regulatory alignment across service channels.

Banks will remunerate customers on real-name wallet balances under the deposit interest rate pricing self-discipline framework, enabling autonomous asset-liability management for wallets and aligning security protections with insured deposits. Non-bank providers will continue to treat reserves as equivalent to customer funds under prevailing rules.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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