Australia’s central financial institution has accomplished it is pilot of a central financial institution digital foreign money (CBDC) exploring use instances for a possible e-AUD, discovering its helpful in 4 essential areas together with enabling advanced funds and asset tokenization.
The Reserve Financial institution of Australia (RBA) and the Digital Finance Cooperative Analysis Centre (DFCRC) unveiled their findings in an Aug. 23 report that additionally detailed numerous instances the place a CBDC wasn’t completely required to realize the acknowledged use case.
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