NAB completes cross-border payment pilot using own stablecoin
The transaction marks a first for a major financial institution and sets the groundwork for NAB to support clients as they carry out transactions using digital assets.
National Australia Bank (NAB), one of the country’s “big four” financial institutions, has announced the completion of an intra-bank, cross-border transaction, using its one-for-one Australian dollar-backed stablecoin, AUDN.
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