Research on the Impact of Digital Currency on Commercial Bank Deposit Business

Digital currency is an important symbol of the deep integration of technology and finance, bringing both opportunities and challenges to commercial banks. Based on the theoretical analysis of the impact of basic currency, currency circulation speed on deposits, and the impact of digital currency on the deposit creation ability of commercial banks, this article dynamically demonstrates the relationship between the use rate of digital currency and the change rate of commercial bank deposits through a cointegration test. Conclusion: The impact of digital currency on each factor that affects bank deposit creation varies, and the final result needs to be compared to the size of each factor affected by digital currency, and propose corresponding suggestions for the response of commercial banks.