An article in the Hong Kong-based Ta Kung Pao, titled "Interest-Paying Digital RMB Empowers Hong Kong's Financial Innovation," points out that interest will accrue on digital RMB wallet balances starting January 1, 2026, marking the beginning of the "Digital Deposit Currency 2.0" era. Digital RMB 2.0 restructures the monetary-debt relationship through institutional innovation, somewhat similar to tokenized deposits promoted by commercial banks (such as JPMorgan Chase's JPM Coin), but creating a new hybrid form: absorbing the efficiency of tokenized deposits while maintaining the core of sovereign currency credit. With interest payments, the digital RMB possesses the attributes to compete with offshore RMB deposits in Hong Kong.