Indonesia Plans to Issue Tokenized Government Bonds Backed by CBDC

According to BlockBeats, the Governor of Indonesia's central bank has announced plans to issue digital central bank securities, which will be a tokenized version of government bonds. These securities will be built on the country's central bank digital currency (CBDC), known as the digital rupiah. The digital issuance of these securities aims to create a stablecoin backed by government bonds, representing Indonesia's national version of a stablecoin.