Trends Report

The State Of Central Bank Digital Currencies In Asia Pacific

December 15th, 2022
Meng Liu, Senior Analyst
Meng Liu Senior Analyst
With contributors:
Charlie Dai , Martha Bennett , Tianchen Feng , Bill Nagel

Summary

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.

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