Australia has completed its first foreign exchange transaction using eAUD — the country's in-pilot central bank digital currency. It comes amid rising interest from countries to adopt a digital dollar.
Australia has successfully made its first foreign exchange transaction using eAUD as part of a live pilot for the country’s potential central bank digital currency .to learn about or launch central bank-issued digital currencies.
In a statement, blockchain infrastructure provider Canvas said on May 17 local time, crypto fund managers DigitalX and TAF Capital traded eAUD against the stablecoin USD Coin . Canvas reported the transaction was settled instantly and touted it as a success over what it called the “slow, expensive and prone to errors” traditional
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