Bank Indonesia to Launch ‘Stablecoin Version’ Backed by Government Bonds

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Bank Indonesia (BI), Indonesia’s central bank, is moving ahead with plans to issue what it describes as its “national stablecoin version,” a digital currency backed by government bonds (SBN).

The initiative was unveiled by central bank Governor Perry Warjiyo during the Indonesia Digital Finance and Economy Festival and Fintech Summit 2025 in Jakarta on Thursday, data-ct-non-breakable=”null” href=”https://www.cnbcindonesia.com/market/20251030104657-17-680628/bos-bi-ungkap-rencana-rilis-stablecoin-versi-ri”>according to a report by CNBC Indonesia.

During the summit, Warjiyo said Bank Indonesia plans to issue digital central bank securities, which are tokenized versions of SBN. The digital…



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Bank Indonesia to Launch ‘Stablecoin Version’ Backed by Government Bonds


Bank Indonesia (BI), Indonesia’s central bank, is moving ahead with plans to issue what it describes as its “national stablecoin version,” a digital currency backed by government bonds (SBN).

The initiative was unveiled by central bank Governor Perry Warjiyo during the Indonesia Digital Finance and Economy Festival and Fintech Summit 2025 in Jakarta on Thursday, data-ct-non-breakable=”null” href=”https://www.cnbcindonesia.com/market/20251030104657-17-680628/bos-bi-ungkap-rencana-rilis-stablecoin-versi-ri”>according to a report by CNBC Indonesia.

During the summit, Warjiyo said Bank Indonesia plans to issue digital central bank securities, which are tokenized versions of SBN. The digital…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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