Indonesia’s Stablecoin Project: A Major Step Toward a Digital Rupiah Economy

Indonesia is taking a significant step towards the future of its financial system by planning to introduce a stablecoin backed by government bonds. This initiative, spearheaded by Bank Indonesia, has the potential to reshape how transactions are conducted and monetary policy operates within the archipelago. envision a digital currency that offers the stability of the traditional rupiah but with the efficiency of modern blockchain technology.