Australian CBDC could be useful for payments, tokenization, says RBA By Cointelegraph

Australia’s central bank has completed it’s pilot of a central bank digital currency (CBDC) exploring use cases for a potential e-AUD, finding its useful in four main areas including enabling complex payments and asset tokenization.

The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) unveiled their findings in an Aug. 23 report that also detailed a number of cases where a CBDC wasn’t exclusively required to achieve the stated use case.

The pilot found a CBDC could be useful in four main areas, including for some payments and asset tokenization. Source: RBA