2026-01-02 09:21:25

The application of digital renminbi has just begun to expand, but competition at the policy level has already become fierce. The policy head of a leading compliant platform recently expressed concerns—America's GENIUS Act's restrictions on interest rates for USD stablecoins could weaken the United States' competitiveness in global digital finance. What's the background? China plans to officially allow banks to pay interest to digital renminbi holders starting January 1, 2026. This may seem like a small adjustment, but it actually reflects two different policy approaches. On one side are restrictions, and on the other are incentives. In the long run, those who can provide users with more tangible benefits will have a better chance of gaining an advantage in digital financial competition. Some see this as merely a technical issue, but from the perspective of financial dominance, the policy design of stablecoins and digital currencies is quietly changing the flow of global funds.

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probably_nothing_anon

· 01-02 19:52

This move by the US is really a bit outrageous, shooting itself in the foot. China directly raises interest rates on digital yuan; they are playing a long-term game.

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ApeWithNoChain

· 01-02 09:51

Wow, this is the real financial war—it's not fought on the chain, but played out in policy.

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NFTRegretful

· 01-02 09:44

Ha, this move by the US is really shooting itself in the foot... restricting stablecoin interest actually gave us an opportunity.

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faded_wojak.eth

· 01-02 09:40

The US shooting itself in the foot, the GENIUS Act directly kills stablecoins. Over here in China, there's a counter move with an interest payment policy. We'll see the results in two or three years.

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0xLostKey

· 01-02 09:36

Be direct, whoever pays the interest wins. The move the US made isn't very clever.

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GasFeeLady

· 01-02 09:33

ngl this is basically the same game we play with gas prices but on a macro level... china's dangling yield while the us is capping it? that's not a bug, that's the whole strategy. whoever figures out the optimal window for cbdc adoption wins the long game fr fr

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Ramen_Until_Rich

· 01-02 09:32

Speaking of the US, they're shooting themselves in the foot by restricting interest rates. On our CBTC side, we pay interest in return. Is the outlook really that different?

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UnluckyValidator

· 01-02 09:30

This is true competition. The move to pay interest hits right at the core. --- The US shooting itself in the foot by restricting interest rates ends up giving money away. --- In 2026, when it comes to paying interest, let's see who can attract funds. Policy design is really no small matter. --- Basically, it's about where the money flows. Whoever pays more wins. --- Once the GENIUS Act is enacted, the US dollar stablecoin will start losing value. This move is truly outrageous. --- Incentives vs. restrictions—that's great power competition. Don't just talk about technology; policy is the key. --- Lifting the interest payment restrictions, the digital renminbi might take off this time. --- Watching the US dig its own grave is really satisfying... but it's also an opportunity for us. --- Capital flows are quietly changing. Those who acted early have already seen it. --- Interest may seem small, but it can actually determine the entire game.

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