A$DC Pegs With Australian Dollar As ANZ Bank Mints First AUD Stablecoin
The vast majority of the industry in Australia makes use of non-bank, frequently unregulated USD stablecoins, but the narrative has now changed that the Big 4 banks have released an AUD stablecoin. Banks from the Big Four ANZ have become the first Australian bank to issue an “A$DC” stablecoin tied to the Australian dollar (AUD). […]