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 Fed Cuts Rates, U.S.–China Make Progress, Yet Bitcoin and Altcoins Fall: Weekly Crypto Recap October 31, 2025 WeChat Adds Support to Digital Yuan Payments (Report) April 7, 2022 Binance employees allegedly help customers in China bypass KYC controls March 24, 2023
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