Daily edition
Material developments in payments, digital finance and regulation, selected for an HKMA audience.
5 stories
This signals that Australia’s central bank is actively considering how official settlement money could be linked to private tokenised money and tokenised asset markets, which could shape future wholesale payment and settlement rails.
This could lower integration friction for banks that want tokenized or blockchain-based cross-border settlement without replacing their existing Swift-connected messaging infrastructure.
This shows large banks moving tokenised-deposit payments from pilots into live cross-border use, which could improve 24/7 liquidity and payment availability for institutional clients.
For banks, payment firms and infrastructure providers, the message is that Australia is not prioritising a retail CBDC launch now, so near-term policy attention remains focused on wholesale market and settlement modernisation instead.
A bank-led stablecoin could accelerate mainstream use of tokenized money for cross-border payments and settlement by giving corporates a product backed by large regulated institutions.