Get unlimited access to our best features
Subscribe now

ANZ’s stablecoin used to buy tokenized carbon credits

Summary by Ground News
ANZ's stablecoin A$DC has been used to buy Australian tokenized carbon credits. In March, the bank became the first major Australian financial institution to mint its own stablecoin. ANZ ruled out offering any crypto exposure to retail investors due to their lack of financial literacy.
2 months ago

News Articles

More Filters
All
Left
Center
Right
Cointelegraph

ANZ’s stablecoin used to buy tokenized carbon credits

The carbon credits were tokenized and provided by BetaCarbon that represents one kilogram of carbon offsets per credit.

2 months ago
Read Full Article
Australian Financial Review

ANZ stablecoin A$DC used to buy ‘tokenised’ carbon credit units

Private investor Victor Smorgon has used ANZ’s Australian dollar stablecoin to invest in a digital version of carbon credits created by start-up BetaCarbon.

2 months ago·Sydney, Australia
Read Full Article

ANZ's stablecoin used to buy tokenized carbon credits - Cryptic Threadz News

ANZ’s stablecoin A$DC has been used to buy Australian tokenized carbon credits, marking another critical test of the asset’s use cases in the local economy. In March, the “Big Four” bank became the first major Australian financial institution to mint its own stablecoin after overseeing a pilot transaction worth 30 million AUD ($20.76 million) between […]

2 months ago
Read Full Article

ANZ's stablecoin used to buy tokenized carbon credits

ANZ's stablecoin used to buy tokenized carbon creditsAustralian tokenized carbon credits were purchased with ANZ's stablecoin A$DC, serving as yet another important test of the asset's potential use in the local economy.After supervising a test transaction worth 30 million AUD ($20.76 million) betwe...

2 months ago
Read Full Article

Similar News Topics

Show All
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

50% of the sources are Center, 50% of the sources lean Right
Cointelegraph
Australian Financial Review
C 50%
R 50%
See less detail