Recently, the first digital RMB smart contract payment service for migrant workers in China was launched in Chengdu, Sichuan. This business relies on the digital RMB smart contract ecosystem service platform provided by the Digital RMB Operation and Management Center to achieve automatic execution of salary payment, exploring new models of digital finance and inclusive finance for the livelihood project of serving and ensuring the payment of migrant workers' wages. Simply put, the digital RMB smart contract achieves digitalization, automation, and enforcement of contracts through a set of infrastructure, rules, standards, and product systems, eliminating human intervention and supporting cross institutional interoperability. Under the guidance of the People's Bank of China, the Digital RMB Operation and Management Center is responsible for providing a digital RMB smart contract ecosystem service platform and developing corresponding smart contract application standards. Participating banks can integrate with their own business systems on this basis to flexibly create product solutions for different application scenarios. It is reported that in this scenario of migrant worker wage payment, relying on the smart contract ecosystem service platform, the digital RMB business operation institution, Bank of Communications, opened a unit wallet for the general contracting enterprise and loaded the smart payment contract to control the funds from being misappropriated, and paid in full according to the wage details. This not only achieves targeted payment of funds and prevents wage arrears risks through technological means, but also further expands the deep application of digital RMB in livelihood security scenarios. ”Wang Pengbo, Chief Analyst of Broadcom Consulting, believes that such practices help to enhance public trust and stickiness in the use of digital RMB, while accumulating operational experience for subsequent large-scale promotion in other fields, objectively accelerating the process of digital RMB's transformation from usable to usable. The Action Plan for Further Strengthening the Management Service System and Related Financial Infrastructure Construction of Digital RMB issued by the People's Bank of China (hereinafter referred to as the "Action Plan") clarifies the digitalization plan of "account system+coin string+smart contract", proposes to upgrade the existing account system, promote the application of emerging technologies on the basis of new accounts (digital RMB wallets), enhance the digitalization and intelligence level of RMB issuance, circulation, payment and other links, upgrade the digital RMB smart contract ecosystem service platform, and support the construction of an open source ecosystem of smart contracts. There is still a lot of room for expansion in the digital RMB smart contract platform. ”Wang Pengbo stated that in the field of prepaid fund management, digital RMB smart contracts can be automatically enforced according to pre-set contract agreements, effectively preventing fund misappropriation. Currently, they have been applied in many places. When consumers purchase merchant services, their prepaid funds enter the digital RMB wallet loaded with smart contracts. Before actual consumption, the prepaid funds still belong to the consumer; When users make purchases, the smart contract will automatically transfer funds to the merchant's wallet based on preset conditions, with one payment per transaction; When consumers return their cards or merchants have abnormal operations, smart contracts will ensure that unused money is promptly returned to consumers. In the field of promoting consumption, digital RMB smart contracts can be issued to consumers' digital RMB wallets according to policy requirements, at agreed times and rules, and automatically triggered for use based on the agreed transaction time, merchant list scope, consumption amount, and other conditions. This can effectively stimulate market consumption and promote effective economic growth. For example, local governments issue "trade in" subsidies, and smart contracts can automatically determine whether users have local household registration and meet the "trade in" conditions based on data provided by local governments. In the supply chain finance scenario, digital RMB smart contracts can ensure that enterprise credit funds are only used for production and operation based on the order data formed by long-term trade transactions between upstream and downstream enterprises in the supply chain, effectively avoiding the risk of fund abuse or misappropriation. Financial institutions can achieve cross institutional distribution of credit funds through digital RMB smart contracts, further reducing the cost of obtaining financial services for enterprises, enhancing post loan management capabilities of financial institutions, and strengthening collaborative cooperation among financial institutions. According to the latest data, as of the end of January 2026, digital RMB smart contracts have been piloted in areas such as prepaid fund management, supply chain finance, enterprise group financial management, and subsidy distribution, with a total of 486400 signed contracts and a cumulative transaction amount of 316 million yuan. Recently, there have been continuous innovative measures for digital RMB. On January 8, 2026, the Digital RMB Operation and Management Center launched the "Carbon Inclusive" mini program service within the Digital RMB APP and was the first to launch it in the Shanghai area. After users activate this service, the carbon credits generated from their daily green and low-carbon behaviors will be automatically collected into the "Carbon Inclusive" account and can be exchanged for digital RMB. Wang Pengbo believes that these measures are actually strengthening its core values as a new generation of financial infrastructure, namely programmability, traceability, and high security. These capabilities not only differentiate from traditional electronic payments, but also provide a technological foundation for the functional extension of the RMB in the digital economy era, further consolidating the strategic positioning of digital RMB in the payment system. The person in charge of the Digital RMB Operation and Management Center stated that the next step will be to continuously enrich the system's basic services and continue to play an ecological coordination role, summarizing and promoting existing models. At the same time, collaborative member banks will strengthen innovative exploration of the application of digital RMB smart contracts, provide more intelligent services for industry development and social governance, and support the construction of the "Five Great Articles" in finance. (New Society)