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ANZ Becomes the First Australian Bank to Mint Stablecoin

Amy Liu

Summary: According to Reuters, Australia and New Zealand Banking Group (ANZ.AX) said on Thursday it carried out an Australian dollar stablecoin payment, in a landmark transaction to become the first Australian lender to mint a digital asset linked to the country's currency. ANZ said it has delivered the Australian dollar stablecoin, which it calls A$DC, to ...

According to Reuters, Australia and New Zealand Banking Group (ANZ.AX) said on Thursday it carried out an Australian dollar stablecoin payment, in a landmark transaction to become the first Australian lender to mint a digital asset linked to the country's currency. ANZ said it has delivered the Australian dollar stablecoin, which it calls A$DC, to a private wealth management firm for digital assets - Victor Smorgon Group - through digital asset investment platform Zerocap.

By Amy Liu

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