Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»RBA pushes ahead with stablecoin and digital currency trials — Capital Brief
    Cryptocurrency

    RBA pushes ahead with stablecoin and digital currency trials — Capital Brief

    July 9, 20251 Min Read


    The Reserve Bank of Australia (RBA) has selected 24 projects to test the next stage of a move towards digital currencies, including stablecoins and wholesale central bank digital currencies (wCBDCs).

    Project Acacia, a joint initiative between the RBA and the Digital Finance Cooperative Research Centre (DFCRC), will run these projects. It aims to explore how innovations in digital money and existing settlement infrastructure might support the development of Australian wholesale tokenised asset markets.

    The selected projects cover stablecoins — cryptocurrencies tied to fiat currencies — as well as deposit tokens, which are tokenised versions of bank deposits. They also include wCBDCs, which utilise distributed ledgers such as blockchain but may also use existing platforms to settle next-generation currencies.

    RBA assistant governor (financial system) Brad Jones said Acacia represented an opportunity for the public and private sectors in Australia to collaboratively explore tokenised asset markets and the future of money.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Pakistan to launch digital currency? Here’s all you need to know

    Cryptocurrency

    SBP plans pilot for digital currency – Newspaper

    Cryptocurrency

    Cryptocurrency News Live: Bitcoin, Ethereum, Solana prices today; memecoin updates

    Cryptocurrency

    Pakistan plans digital currency pilot

    Cryptocurrency

    New Cryptocurrency Releases, Listings, & Presales Today – JuChain, Ceylon, Zentium Tech

    Cryptocurrency

    Cryptocurrency Today: Why BAY Miner Is Redefining the Future of Digital Mining

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Fintech

    bne IntelliNews – Kazakhstan’s big league fintech Kaspi acquires 65% of Turkish Nasdaq peer Hepsiburada for $1.1bn

    Property

    Sirius Real Estate conclut des accords de parcs d’affaires pour 43 millions d’euros

    Cryptocurrency

    What are Donald Trump’s Cryptocurrency Investments?

    Editors Picks

    SunnyMining mobile cloud mining APP is launched: mining real cryptocurrency BTC with zero threshold

    June 6, 2025

    The Role Of Supply And Demand In Cryptocurrency Price Volatility

    March 6, 2025

    What It Is and How To Invest

    July 18, 2024

    Donald Trump appoints Tether’s Howard Lutnick as head of digital currency transition team

    August 17, 2024
    What's Hot

    USDA Offers Disaster Assistance to Agricultural Producers in Illinois Impacted by Recent Tornadoes, High Winds & Flooding

    July 29, 2024

    Why Words Matter in the Terminology Debate

    August 21, 2024

    Avec leur design industriel, ces étagères en métal noir s’imposent comme les stars des soldes de janvier

    January 11, 2025
    Our Picks

    Has Bitcoin Gone From Cryptocurrency To ‘Political Force’ Ahead Of 2024 Elections?

    July 19, 2024

    Taiwan’s Fintech Shines in Singapore! FinTechSpace Once Again Leads a Delegation to 2024 Singapore FinTech Festival

    October 31, 2024

    Quinté+: Track Test Quinté+ du mardi 11 mars à Saint-Cloud : Lanzelot Gold vise la plus belle médaille

    March 10, 2025
    Weekly Top

    This 6.1% Monthly Dividend Stock is a Cash Flow Machine

    July 9, 2025

    Pakistan plans digital currency pilot

    July 9, 2025

    RBA pushes ahead with stablecoin and digital currency trials — Capital Brief

    July 9, 2025
    Editor's Pick

    Vietnam allows big companies to buy clean energy directly to meet their climate targets

    July 24, 2024

    Gold clings to record high on growing US rate-cut bets

    July 18, 2024

    La fintech brésilienne Meliuz propose d’étendre sa stratégie de réserves de bitcoins

    April 14, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.