Indonesia Plans Phased Launch of Digital Rupiah by 2030
The post Indonesia Plans Phased Launch of Digital Rupiah by 2030 appeared com. Key Points: Bank Indonesia to implement digital Rupiah, shaped by blockchain. Project led by Perry Warjiyo with phased rollout by 2030. Digital assets backed by government securities tokenize transactions. The Central Bank of Indonesia plans to launch a digital rupiah by 2030, beginning phased testing in 2025 for digital securities, monetary operations, and advanced cryptocurrency features. This initiative positions Indonesia at the forefront of digital finance innovation, potentially reshaping the country’s financial infrastructure through distributed ledger technology and tokenized government bonds. Bank Indonesia Targets 2030 for Digital Rupiah Completion Bank Indonesia revealed its plan to launch a digital version of the Rupiah under a phased roadmap. The project involves extensive testing between 2025 and 2028, focusing on digital securities issuance and advanced features by 2030, utilizing distributed ledger technology. This initiative is led by Governor Perry Warjiyo. The phased rollout starts with digital securities and will expand to broader financial transactions. The initiative aims to integrate programmability and tokenization into the monetary framework, potentially influencing the financial market’s operation and efficiency. “We will issue Bank Indonesia securities in digital form the digital rupiah with underlying SBN, Indonesia’s national version of a stablecoin.” Perry Warjiyo, Governor, Bank Indonesia Indonesia Joins Asian CBDC Movement, Spurring Blockchain Utilization Did you know? Indonesia’s decision mirrors other Asian nations like China and Hong Kong, which have also developed CBDC trials to strengthen local currency infrastructure while reducing reliance on USD-pegged assets. Ethereum (ETH) trades at $3,879. 52 with a market cap of $468. 25 billion as of November 2, 2025. Recent activity shows a 0. 74% 24-hour increase, amidst a 60-day downtrend of 10. 54%, per CoinMarketCap. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 03: 01 UTC on November 2, 2025.