"Differences Between Digital RMB and WeChat/Alipay" Tops Baidu Hot Search List

Odaily News "Differences Between Digital RMB and WeChat/Alipay" has topped Baidu's hot search list. According to Baidu's hot search analysis, starting from January 1st, the balance in digital RMB wallets will accrue interest based on demand deposit rates. The interpretation of the differences between digital RMB and WeChat/Alipay is: Digital RMB is money itself, equivalent to directly handing a bundle of electronic cash to the merchant; WeChat and Alipay are wallets, where money is taken from the wallet and given to the merchant during payment.