The Asia Pacific (APAC) region is at the forefront of central bank digital currency (CBDC) development. Several factors are stimulating this development, including the need for better financial inclusion in emerging APAC markets and demand for efficient cross-border payments. While most countries in the region have started experimenting with CBDCs, their maturity varies. This report helps business and technology leaders at financial services firms, regulators, and enterprises understand the development, adoption drivers, and maturity of CBDCs in APAC.