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Australian Banks Pause Development of Ethereum-Based Stablecoin

Australian Banks Pause Development of Ethereum-Based Stablecoin

CointimeCointime2024/06/20 03:31
By:Cointime

National Australia Bank (NAB) has announced the cessation of development of its Ethereum-based stablecoin, despite announcing plans to launch the stablecoin just a year ago. According to reports, the development team behind the project is now involved in the development of Ubiquity stablecoin.

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