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Uganda to Pilot CBDC Backed by Treasury Bonds and Mobile Access

By WebDeskOctober 13, 20251 Min Read
Uganda to Pilot CBDC Backed by Treasury Bonds and Mobile Access
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Global Settlement Network (GSN) has partnered with Diacente Group to launch a $5.5 billion tokenized economy in Uganda’s Karamoja region. The initiative includes piloting Uganda’s first central bank digital currency (CBDC), backed by treasury bonds and accessible via mobile devices. Built on GSN’s blockchain, the project will digitize key sectors like agriculture, mining, and energy, […]
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