Australia's RBA Advances Digital Currency Trials
The Reserve Bank of Australia (RBA) has officially advanced to the trial phase of its digital currency initiative, Project Acacia, in collaboration with the Digital Finance Cooperative Research Centre (DFCRC). The trial will explore stablecoins, bank deposit tokens, and a pilot wholesale central bank digital currency (CBDC), along with enhancements to banks’ current exchange accounts at the RBA.
3 Views