ChainCatcher news, according to Ledger Insights, the Reserve Bank of Australia (RBA) has engaged in discussions with the Digital Finance Cooperative Research Centre (DFCRC) regarding wholesale CBDC and asset tokenization, with a response deadline of December 11.
As part of Project Acacia, the RBA invites industry members to provide feedback and participate in trials for wholesale tokenization use cases in 2025, and may also join an industry advisory group. In addition to wholesale CBDC, Project Acacia will also explore the use of private forms of digital currency, including tokenized deposits.
Previous RBA and DFCRC CBDC experiments covered both wholesale and retail CBDC, issued on infrastructure controlled by the RBA. In the latest trial, the RBA will consider issuing a pilot wCBDC on a third-party blockchain network, similar to Switzerland's Project Helvetia. The current phase of Project Acacia will focus on domestic wholesale settlement.