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The National Unity Government of Myanmar plans to develop a National Digital Currency, which is now named as Digital Myanmar Kyat (DMMK) as an effort to address the current payment sy stem’s lack of efficiency and security.

The project aims to develop an independent, safe, accessible, and scalable payment system that is equipped to solve the financial constraints that the Myanmar people are experiencing at the moment. It also intends to increase efficiency and security and make cash payments in the Myanmar Kyat (MMK) easier.

The Ministry of Planning, Finance and Investment, National Unity Government of Myanmar, hereby launches the DMMK and its mobile wallet NUGPay.

As part of the DMMK Project, NUGPay will act as a new payment system to provide a profound solution for the people of Myanmar. NUGPay intends to become a vehicle driven by the people of Myanmar who are showing their courage, endurance, resilience and willingness of freedom and democracy in this march to win the revolution.