The post China Floats The Idea Of “Asian Yuan” To Reduce Dependency On USD appeared first on Coinpedia Fintech News
The opinions of researchers Song Shuang, Liu Dongmin, and Zhou Xuezhi from the Chinese Academy of Social Sciences (CASS) were published in a September edition of the World Affairs journal, which suggested the introduction of an Asian yuan token would reduce Asia’s dependency on the USD. The researchers stated that distributed ledger technology (DLT) would …
