ANZ's stablecoin used to buy tokenized carbon credits
Cointelegraph
Published Jun 26, 2022 11:24PM ET
Updated Jun 27, 2022 01:00AM ET
ANZ’s stablecoin A$DC has been used to buy Australian tokenized carbon credits, marking another critical test of the asset’s use cases in the local economy.
In March, the “Big Four” bank became the first major Australian financial institution to mint its own stablecoin after overseeing a pilot transaction worth 30 million AUD ($20.76 million) between Victor Smorgon Group and digital asset manager Zerocap.
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Written By: Cointelegraph
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