According to Foresight News , the Digital Yuan App has released version 2.0. This update includes the following: starting January 1, 2026, operating institutions will calculate interest on the balance in a real-name digital yuan wallet at the current deposit rate, with the interest calculation and settlement rules consistent with current deposits. If a user has opened a real-name wallet (Class I, II, or III), the balance will accrue interest for the previous quarter based on the current deposit rate on the settlement date, with March 20th, June 20th, September 20th, and December 20th of each year as settlement dates. The official digital yuan app avatar will be uniquely generated using an algorithm based on the digital yuan image.
Currently, the operators providing digital wallet services include the Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China, China Merchants Bank, Industrial Bank, MYbank (Alipay), and WeBank (WeChat Pay).
