China floats idea of ‘Asian yuan’ to reduce reliance on US dollar

The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business.

Post from: Cointelegraph.com News

Tags: asia wide currency, asian yuan, distributed ledger technology, dlt, china, asia, asia region, asian currencies, digital token, CBDC, regional currency

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