TechFlow news, January 3rd, "The difference between digital yuan and WeChat Pay/Alipay" topped Baidu's hot search list. According to Baidu's hot search analysis, starting from January 1st, the balance in digital yuan wallets will accrue interest based on demand deposit rates. The interpretation of the differences between digital yuan and WeChat Pay/Alipay is: digital yuan is money, equivalent to directly handing electronic cash to merchants; WeChat Pay and Alipay are wallets, where money is taken from the wallet to pay merchants during transactions.
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