Gate News Report, March 25 — 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 is suitable for small emerging tokenization markets, while 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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