- AUDD stablecoin selected for 2 key use cases in Australia’s Project Acacia pilot.
- Project Acacia to test AUDD in atomic settlement and real-time payments integration.
- Six-month national pilot explores digital money use in tokenized financial infrastructure.
Australia’s financial market is moving toward digital settlement systems as the Hedera-based stablecoin AUDD has been selected for two out of three use cases under Project Acacia. The program, which is coordinated by the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC), will integrate AUDD into national-level pilot tests operated by Australian Payments Plus (AP+), the country’s main retail payments operator.
The stablecoin AUDD, issued by AUDC on the Hedera blockchain, will be tested across two experimental streams in Project Acacia. These include a system for coordinating real-time atomic settlement across various tokenized assets, and a proof-of-concept for integrating Australia’s real-time payment rails with stablecoin on and off-ramps.
In the atomic settlement stream, AUDD will participate in transaction testing that requires simultaneous exchange between digital currencies and tokenized assets, including both private and public forms of money.
The second stream focuses on connectivity between stablecoins and the country’s New Payments Platform (NPP), aiming to expand domestic payment functionality using stablecoin technologies. The inclusion of AUDD reflects the project’s intention to evaluate the effectiveness of stablecoins in real-world financial infrastructure and tokenized asset markets.
National Trail to Run for Six Months
Project Acacia is a six-month test beginning in July 2025. It will utilize actual funds and institutional-grade platforms to test how multiple forms of digital money, such as commercial bank-issued deposit tokens, a trial wholesale central bank digital currency (CBDC), and private stablecoins, can operate within a shared financial ecosystem.
AP+ selected AUDD as one of the project’s active components following its prior participation in the 2023–24 RBA–DFCRC CBDC pilot program. In that earlier initiative, AUDD was featured in several experimental use cases alongside the RBA’s wholesale CBDC.
AUDD’s selection continues its engagement with regulated financial pilots in Australia. AUDC, the issuer behind AUDD, is participating in ongoing discussions and implementations tied to blockchain interoperability, regulatory testing, and digital finance modernization. According to AUDC, the firm will contribute AUDD to real-money settlement scenarios involving AP+, the RBA, and DFCRC for the duration of Project Acacia.
