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Learning & News => News related to Crypto => Topic started by: newshunter on October 15, 2022, 07:03:52 AM

Title: China floats idea of ‘Asian yuan’ to reduce reliance on US dollar
Post by: newshunter on October 15, 2022, 07:03:52 AM
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.


Source: China floats idea of ‘Asian yuan’ to reduce reliance on US dollar (https://cointelegraph.com/news/china-floats-idea-of-asian-yuan-to-reduce-reliance-on-us-dollar)

Would appreciate your opinion about this