SYDNEY : A pilot programme for a digital eAUD currency in Australia has attracted much more interest from industry than expected and some projects are set to be tested early next year, a central banker said on Thursday.
"The use cases span everything from e-commerce payments, to offline payments, government payments, and the trading and settlement of tokenised assets," said Jones, who heads the RBA's financial system unit. However, Jones cautioned that the actual adoption of a retail CBDC to replace cash would be revolutionary and come with costs and dangers that had yet to be addressed.