• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Key Aspects of Australia's CBDC Pilot Project: Participants and Goals

user avatar

by Giorgi Kostiuk

5 hours ago


Australia's Reserve Bank (RBA) and Digital Finance CRC have launched a CBDC pilot project called Project Acacia, aimed at exploring the potential of digital currencies and tokenized assets in collaboration with major banks and regulatory authorities.

Participants and Goals of Project Acacia

Project Acacia is co-managed by RBA and DFCRC, focusing on settlement assets such as stablecoins and deposit tokens. Key players include the Commonwealth Bank of Australia.

Interest in Digital Settlements

The pilot project draws attention to digital settlements and receives support from regulators like ASIC and APRA. The project is expected to impact financial transaction infrastructure.

Lessons from Previous Projects and Their Significance

Australia previously experimented with CBDCs in Project Atom in 2021, confirming the technical feasibility of integrating CBDCs with private assets. The success of Project Acacia may lead to broader adoption of digital settlements based on lessons learned from global pilots.

Project Acacia represents a significant step for digital finance in Australia, opening new opportunities for integrating digital currencies into the country's economic system.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

How Blockchain is Transforming Gambling on Slots

chest

Exploring the impact of blockchain on gambling and the best strategies for playing crypto slots.

user avatarGiorgi Kostiuk

Cryptocurrencies: Fresh Energy and BlockDAG's Achievements in July 2025

chest

The cryptocurrency market has revitalized, with BlockDAG garnering attention for its achievements and sports partnerships.

user avatarGiorgi Kostiuk

SUI Up Over 10%: Analyzing the Causes and Future Expectations

chest

SUI token rises over 10% due to tBTC launch and Grayscale report. Experts predict a rise to $5.

user avatarGiorgi Kostiuk

10X Capital's BNB Treasury Company Plans to List on U.S. Stock Exchange

chest

BNB Treasury Company by 10X Capital prepares for listing, providing investors access to the BNB ecosystem.

user avatarGiorgi Kostiuk

BNB Chain Burns 1.6 Million Tokens Worth $1 Billion

chest

BNB Chain conducted its 32nd quarterly burn of 1.6 million BNB tokens, reinforcing their deflationary model

user avatarGiorgi Kostiuk

Justin Sun's $100M Investment in TRUMP Memecoins Boosts Market

chest

Justin Sun invests $100 million in TRUMP memecoins, leading to a 5% price increase and a surge in market capitalization.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.