China floats idea of ‘Asian yuan’ to reduce reliance on US dollar Post author:MiamiCrypto Post published:October 14, 2022 Post category:Asia / asia region / asia wide currency / asian currencies / asian yuan / CBDC / China / Digital token / Distributed Ledger Technology / DLT / regional currency The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business. You Might Also Like Multichain victims search for answers in $1.5B exploit as new evidence emerges August 23, 2023 ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program March 17, 2022 Brain drain: India’s crypto tax forces budding crypto projects to move April 20, 2022