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 CBDC frameworks must guard user privacy, monetary freedom — BIS chief September 27, 2023 Bolivia Readies for Launching International Settlement-Focused CBDC This Month September 6, 2025 Namibian Central Bank Announces Plan to Launch CBDC April 9, 2022