National Australia Bank (NAB) has stopped development of its stablecoin AUDN a year after its announcement. 🏦 The team that worked on AUDN is now busy with a new project - the Ubiquity stablecoin, supported by Animoca Brands, Merit Circle and Concave. Collaboration is also planned with ANZ Bank, which is developing the Australian stablecoin A$DC. NAB has not yet made any official statement in this regard.