Fireblocks and ANZ Create AUD Stablecoin

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Fireblocks and ANZ Create AUD Stablecoin
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Crypto custodian FireblocksHQ and Australia and New Zealand Banking Group (ANZ) have minted a stablecoin pegged to the Australian dollar. thesamreynolds reports.

Sydney Opera House and Circular Quay Ferry Wharf, seen from the Sydney Harbour Bridge.

"An ANZ issued Australian dollar stablecoin is a first step in enabling our customers to find a safe and secure gateway to the digital economy," said ANZ Banking Services Portfolio Lead Nigel Dobson in a press release. Michael Shaulov, CEO of Fireblocks, said in a statement that he expects more banks to follow ANZ’s lead.

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