Australia is entering the next phase of its digital currency exploration, with the Reserve Bank of Australia (RBA) launching a trial for wholesale financial markets. Project Acacia will test 24 use cases using stablecoins, bank deposit tokens, and a pilot wholesale central bank digital currency (CBDC). Major banks like CBA, ANZ, and Westpac are participating, with results expected in early 2026. Regulators have granted relief from some rules to facilitate the testing of these innovative digital assets.
Australia Trials CBDCs, Stablecoins
