📢 National Australia Bank (NAB) has reportedly halted development of its Ethereum-based stablecoin, AUDN. The team behind AUDN is now focusing on a new stablecoin, Ubiquity, backed by Animoca Brands, Merit Circle, and Concave. They're also collaborating with ANZ Bank on another Aussie stablecoin, A$DC. 🏦 NAB has yet to comment publicly. AUDN was intended to enable real-time blockchain transactions using Australian dollars. What are your thoughts on this shift in focus? 💭👇