ASEAN explores dropping US dollar: A shift towards CBDC and blockchain technology

ASEAN Finance Ministers and Central Bank Governors have discussed the possibility of reducing their reliance on the US Dollar and phasing out payment systems, such as Visa and Mastercard. This move could pave the way for implementing Central Bank Digital Currencies (CBDCs) and blockchain-based financial infrastructure in the region. ASEAN and the US Dollar The […] The post ASEAN explores dropping US dollar: A shift towards CBDC and blockchain technology appeared first on e27.