Reserve Bank of Australia: Stablecoins and Bank Deposit Tokens Can Coexist in Tokenization Development

DeepFlowTech · 2026-03-25T08:19:01+00:00

Australian Reserve Bank Assistant Governor Brad Jones stated that focus on asset tokenization has shifted toward implementation, with expected efficiency gains of A$16.7 billion. The RBA will drive complementary development of stablecoins and bank deposit tokens, and establish relevant advisory groups and sandboxes to enhance cross-institution interoperability.

DeepFlowTech

2026-03-25 08:19:01

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Deep Tide TechFlow News, March 25 — According to The Block, the Reserve Bank of Australia (RBA) Assistant Governor Brad Jones stated in a speech that the push for asset tokenization has shifted from “whether” to “how” to implement. Research from Project Acacia shows that tokenization technology can bring approximately $16.7 billion in efficiency gains to the Australian economy annually. Jones pointed out that stablecoins and bank deposit tokens can play complementary roles — the former suitable for small emerging tokenized markets, and the latter, supported by prudent regulation and central bank liquidity, will play a more significant role in larger markets. The RBA also announced plans to establish a digital financial market infrastructure sandbox, form a regulatory-industry tokenization advisory group, and expand the deposit token working group to promote cross-bank interoperability.

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