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Hedera has partnered with the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) for ‘Project Acacia,’ exploring digital money’s role in Australia’s tokenized market. The initiative includes 24 use cases, ranging from real-asset transactions to proof-of-concept simulations. This collaboration highlights Australia’s push for innovation in digital payments and monetary systems.
- Project Acacia involves 24 use cases, including real-asset transactions and proof-of-concept simulations, testing digital money applications like CBDCs and stablecoins.
- The RBA and DFCRC-led initiative aims to assess the impact of digital money on Australia's tokenized markets, with findings expected in early 2026.
- Hedera's involvement follows its selection for India's state carbon bank project and the launch of AUDD stablecoin on its network, driving HBAR's recent price surge.
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