{"id":6380,"date":"2025-07-10T09:35:58","date_gmt":"2025-07-10T09:35:58","guid":{"rendered":"https:\/\/buvei.com\/blog\/?p=6380"},"modified":"2025-07-10T10:32:43","modified_gmt":"2025-07-10T10:32:43","slug":"cbdc-tokenised-asset-settlement-australia","status":"publish","type":"post","link":"https:\/\/buvei.com\/blog\/cbdc-tokenised-asset-settlement-australia\/","title":{"rendered":"Australia Launches CBDC and Tokenised Settlement Pilots"},"content":{"rendered":"<div data-page-id=\"OqFjdqBmsoJVpSxnLJwlHwh0ghe\" data-lark-html-role=\"root\" data-docx-has-block-data=\"false\">\n<div class=\"ace-line ace-line old-record-id-QWr5dLzCuoEISsxYlvMldM0Bged\">Australia\u2019s Reserve Bank (RBA), in collaboration with the Digital Finance Cooperative Research Centre (<a href=\"https:\/\/dfcrc.com.au\/\">DFCRC<\/a>), has officially launched <strong>Project Acacia<\/strong>, a large-scale pilot initiative exploring tokenised asset settlement and <strong>wholesale central bank digital currency (CBDC)<\/strong> in financial markets.<\/div>\n<div class=\"ace-line ace-line old-record-id-KCX2dzCXPok1F3xL4lNlDbAWg8E\">A total of <strong>24 innovative use cases<\/strong> have been selected, including 19 live transaction pilots involving real assets and payments, and 5 proof-of-concept trials. Participants include local fintech startups and major banks, across asset classes such as fixed income, carbon credits, trade receivables, and private markets.<\/div>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6382 size-large\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots4-1024x579.png\" alt=\"\" width=\"1024\" height=\"579\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots4-1024x579.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots4-300x170.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots4-768x434.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots4-400x226.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots4-800x452.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots4-832x470.png 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots4-1248x705.png 1248w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots4.png 1472w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/h3>\n<h3 class=\"heading-3 ace-line old-record-id-XN31dMBFfoOsIExPvf6lneYwgcd\">Multi-Asset Settlement on DLT: The Next Phase of Infrastructure<\/h3>\n<div class=\"ace-line ace-line old-record-id-Nf5bdZ7YtokhWMx7R5cl14chgmg\">The project will test various forms of settlement instruments:<\/div>\n<ul class=\"list-bullet1\">\n<li class=\"ace-line ace-line old-record-id-OCH0dmEiXoSiKDxEI0AlrxU4gXc\" data-list=\"bullet\">\n<div>Stablecoins<\/div>\n<\/li>\n<li class=\"ace-line ace-line old-record-id-BWPMdO7Sfoh03pxHcl3lyegLgEc\" data-list=\"bullet\">\n<div>Bank-issued deposit tokens<\/div>\n<\/li>\n<li class=\"ace-line ace-line old-record-id-JMM0d5gMooovFrxwxzHlEQdTgad\" data-list=\"bullet\">\n<div>Pilot wholesale CBDC<\/div>\n<\/li>\n<li class=\"ace-line ace-line old-record-id-BccGd6N0mo9OIaxSJo4l0wHagDc\" data-list=\"bullet\">\n<div>Existing exchange settlement accounts at the RBA<\/div>\n<\/li>\n<\/ul>\n<blockquote>\n<div class=\"ace-line ace-line old-record-id-F9A2dT8cmoJHj3xllZFl5wuegpf\">These assets will be tested on both <strong>public and permissioned distributed ledger technology (DLT) platforms<\/strong>, including Hedera, R3 Corda, Canvas Connect, Redbelly Network, and other EVM-compatible blockchains.<\/div>\n<\/blockquote>\n<h3><a href=\"https:\/\/www.buvei.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4750 size-large\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-1024x307.png\" alt=\"\" width=\"1024\" height=\"307\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-1024x307.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-832x249.png 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-1248x374.png 1248w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2.png 1442w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/h3>\n<h3 class=\"heading-3 ace-line old-record-id-KB7Ld4nRLocjM1xBkWilzZLzgNg\">Regulatory Innovation to Enable Real-World Testing<\/h3>\n<div class=\"ace-line ace-line old-record-id-H8ldd4R3loF7KUxDj3Rl3CEfgAb\">To ensure safe and scalable experimentation, the Australian Securities and Investment Commission (ASIC) has granted <strong>regulatory relief<\/strong> to participating institutions.<\/div>\n<div class=\"ace-line ace-line old-record-id-C4QRdutVvoFKr4xnhfmlGNbZgmh\">ASIC Commissioner Kate O\u2019Rourke commented:<\/div>\n<div class=\"ace-line ace-line old-record-id-BVGpdhGf9oRalhxA5oxlBurhgne\">\u201cProject Acacia enables regulators and the industry to collaborate in exploring how digital assets may reshape financial services, enhance efficiency, and unlock economic value.\u201d<\/div>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6383 size-large\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots2-1024x579.png\" alt=\"\" width=\"1024\" height=\"579\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots2-1024x579.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots2-300x170.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots2-768x434.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots2-400x226.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots2-800x452.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots2-832x470.png 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots2-1248x705.png 1248w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/07\/Australia-Launches-CBDC-and-Tokenised-Settlement-Pilots2.png 1472w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/h3>\n<h3 class=\"heading-3 ace-line old-record-id-MaZhdsGQpoh0PkxhwXSlAGayghe\">A Payment Platform Built for Tokenised Assets and CBDC<\/h3>\n<div class=\"ace-line ace-line old-record-id-JLJPdVZgwojfCsxJOJZlStWBgvb\">At Buvei, we view Project Acacia not just as a regional trial, but as a signal: the future of payments lies in programmable, interoperable, and asset-agnostic systems.<\/div>\n<div class=\"ace-line ace-line old-record-id-Vzghd6EAboGiE9xZo7wlnbeAgRc\">Buvei\u2019s infrastructure is built to support this transition, with:<\/div>\n<ul class=\"list-bullet1\">\n<li class=\"ace-line ace-line old-record-id-QoKcdxbmsoAhwCxD1ealHsHag1d\" data-list=\"bullet\">\n<div>Full multi-chain compatibility (EVM and permissioned networks)<\/div>\n<\/li>\n<li class=\"ace-line ace-line old-record-id-Reqjdo3q1oYW61xDnFblL4WlgDc\" data-list=\"bullet\">\n<div>Compliance-ready issuance and acceptance for stablecoins and CBDCs<\/div>\n<\/li>\n<li class=\"ace-line ace-line old-record-id-CcrxdbSPAoruYWxZDb9lWLWUgPd\" data-list=\"bullet\">\n<div><a href=\"https:\/\/www.buvei.com\/developer\">API<\/a>-level configuration of payment card controls and risk strategies<\/div>\n<\/li>\n<\/ul>\n<div class=\"ace-line ace-line old-record-id-Tv6ydS9AKoilbzxB234lskydgng\">We empower global enterprises with <strong><a href=\"https:\/\/buvei.com\/blog\/web3-biometric-authentication-passkey\/\">virtual card<\/a> networks, programmable wallets, and payment settlement infrastructure<\/strong> designed for both Web2 and Web3 systems.<\/div>\n<h3 class=\"heading-3 ace-line old-record-id-HmM5dB11uohVJFxjXxhl36ymgfh\">Ready to Build for the Future of Payments?<\/h3>\n<div class=\"ace-line ace-line old-record-id-FfOwdMlIfoAAXcxptmVlZSHhg11\">Buvei helps you architect the next generation of payment rails.<\/div>\n<div class=\"ace-line ace-line old-record-id-UUxMdvKaWoiJRcxQa5Kl1MifgEW\">Start issuing programmable virtual cards and unlock stablecoin and CBDC-based global settlement today.<\/div>\n<div class=\"ace-line ace-line old-record-id-LEC1dJHncoIdXixOIovlCV2kg0f\"><a href=\"https:\/\/buvei.com\/vcc\">\ud83d\udc49 [Contact us] learn more.<\/a><\/div>\n<div><a href=\"https:\/\/www.buvei.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4750 size-large\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-1024x307.png\" alt=\"\" width=\"1024\" height=\"307\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-1024x307.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-832x249.png 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2-1248x374.png 1248w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2025\/06\/Buvei-2.png 1442w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"Australia\u2019s Reserve Bank (RBA), in collaboration with the Digital Finance Cooperative Research Centre (DFCRC), has officially launched Project&hellip;","protected":false},"author":2,"featured_media":6381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":""},"categories":[6],"tags":[67,372,3529,3527,3525],"class_list":["post-6380","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-buvei","tag-cbdc","tag-project-acacia","tag-rba","tag-tokenised-assets","cs-entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/6380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/comments?post=6380"}],"version-history":[{"count":0,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/6380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media\/6381"}],"wp:attachment":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media?parent=6380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/categories?post=6380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/tags?post=6380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}