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

October 14, 2022 by DIGIT

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

Categories Asia, asia region, asia wide currency, asian currencies, asian yuan, CBDC, China, Digital Token, Distributed Ledger Technology, DLT, regional currency


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  • bitcoinBitcoin(BTC)$89,435.001.84%
  • ethereumEthereum(ETH)$3,043.102.03%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$867.590.93%
  • rippleXRP(XRP)$1.891.91%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$128.032.54%
  • tronTRON(TRX)$0.284745-0.16%
  • staked-etherLido Staked Ether(STETH)$3,041.762.06%
  • dogecoinDogecoin(DOGE)$0.1295127.66%