03-24-2022, 09:12 PM
A major Australian bank just minted its own stablecoin
<!-- SC_OFF --><div class="md"><p>One of the biggest banks in Australia, ANZ, just minted the very first stablecoin pegged to the Australian dollar. </p> <p>This is the number 3 lender in the country and has enormous assets at its disposal to ensure the integrity of the stablecoin. </p> <p><a href="https://au.news.yahoo.com/anz-becomes-first-australian-bank-235346949.html">https://au.news.yahoo.com/anz-becomes-first-australian-bank-235346949.html</a></p> <p><a href="https://www.reuters.com/business/finance/anz-becomes-first-australian-bank-mint-stablecoin-2022-03-23/">https://www.reuters.com/business/finance/anz-becomes-first-australian-bank-mint-stablecoin-2022-03-23/</a></p> <p>ANZ said it has delivered the Australian dollar stablecoin, which it calls A$DC, to a private wealth management firm for digital assets. </p> <p>This is insanely bullish for crypto and Australian investors in particular. The the government is currently undertaking deep investigations into the potential use for digital assets.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gnarley_quinn"> /u/gnarley_quinn </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tm02pw/a_major_australian_bank_just_minted_its_own/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tm02pw/a_major_australian_bank_just_minted_its_own/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>One of the biggest banks in Australia, ANZ, just minted the very first stablecoin pegged to the Australian dollar. </p> <p>This is the number 3 lender in the country and has enormous assets at its disposal to ensure the integrity of the stablecoin. </p> <p><a href="https://au.news.yahoo.com/anz-becomes-first-australian-bank-235346949.html">https://au.news.yahoo.com/anz-becomes-first-australian-bank-235346949.html</a></p> <p><a href="https://www.reuters.com/business/finance/anz-becomes-first-australian-bank-mint-stablecoin-2022-03-23/">https://www.reuters.com/business/finance/anz-becomes-first-australian-bank-mint-stablecoin-2022-03-23/</a></p> <p>ANZ said it has delivered the Australian dollar stablecoin, which it calls A$DC, to a private wealth management firm for digital assets. </p> <p>This is insanely bullish for crypto and Australian investors in particular. The the government is currently undertaking deep investigations into the potential use for digital assets.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gnarley_quinn"> /u/gnarley_quinn </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tm02pw/a_major_australian_bank_just_minted_its_own/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tm02pw/a_major_australian_bank_just_minted_its_own/">[comments]</a></span>Kind Regards R