Australia Doubles Down on Digital Money with Live CBDC, Stablecoin Trials
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Australia is stepping up its crypto ambitions, launching real-world tests for wholesale CBDCs, stablecoins, and tokenized bank deposits in a bid to modernize financial markets.
The Reserve Bank of Australia (RBA) unveiled the next stage of Project Acacia on Thursday, partnering with fintechs and traditional banks to explore digital money’s role in trading assets like carbon credits, private debt, and receivables.
With 19 live-money use cases and five simulated tests, the six-month trial could pave the way for broader adoption. Results are slated for early 2026.
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