RBA CBDC Pilot Conference Showcases Australian CBDC in FX transactions and International Remittances
Today, the Reserve Bank in collaboration with the Digital Finance Cooperative Research Centre (DFCRC) demonstrated the selected organisations exploring potential use cases and economic benefits of a central bank digital currency (CBDC) in Australia with a live demonstration. The CANVAS use case demonstrated foreign exchange trade of Australian dollar CBDC for USDC, a US dollar