The Reserve Bank of Australia has identified four key areas that a CBDC could bolster after the completion of its pilot phase.
Stellar Lumens could play a key role in its launch as it offers improved payment services and infrastructure for tokenization.
The Reserve Bank of Australia has released a 44-page report detailing several use cases that can be improved by launching a central bank digital currency (CBDC). This comes after the end of a pilot phase in which the central bank explored how a CBDC could be used to enhance the functioning of the payment system.
As identified by the bank, the CBDC could help enable complex payments and asset tokenization. By enabling “smarter” payments, a tokenized CBDC allowed for a range of complex payment arrangements not currently supported by existing payment systems.
Findings also noted the ability to combine business logic and CBDC to enable new business models and improvement of the delivery of government programs where beneficiaries were r

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