CBA builds tokenised deposit capability and joins a global stablecoin consortium, as ANZ readies cross-border digital money

Alex Zaharov-Reutt
Technology Reporter
29 Jul, 2026
Australia's biggest bank CBA is working on the tokenised deposits capability, and with a global consortium for stablecoins, as it looks for faster ways to move money around the world.
CBA builds tokenised deposit capability and joins a global stablecoin consortium, as ANZ readies cross-border digital money

Australia's biggest bank CBA is working on the tokenised deposits capability, and with a global consortium for stablecoins, as it looks for faster ways to move money around the world.

Subscriber article

This article is available to PayDay News subscribers.

trending

Commentator Vibhu Arya breaks down the recent RBA submissions, analysing who is lobbying for what at a high level.
Australian merchants on Shopify will have another BNPL option to pay with the launch of Shop Pay Installments.
NAB and Australian Payments Plus (AP+) have warned that card tokenisation could undermine the merchant benefits of least-cost routing, but differ on how far regulators should intervene and
Melbourne-based gifting group Limitless Technology has consolidated four payment gateways onto Adyen, simplifying payments across five brands and six Asia-Pacific markets as it continues to expand its e-commerce
Australian fintech heavyweights led by Airwallex, Adyen, Azupay and Digital Economy Council has put access to the NPP at the centre of the RBA’s regulatory review, calling for

RELATED STORIES ▸

A bug’s life: fight against blockchain money laundering
A bug’s life: fight against blockchain money laundering
A bug’s life: fight against blockchain money laundering
The smallest and hardest-working of the animal kingdom could be carrying the weight of financial crime fighting on its back, ...
Aussie Swyftx secures AFSL to broaden payments ambitions
Aussie Swyftx secures AFSL to broaden payments ambitions
Aussie Swyftx secures AFSL to broaden payments ambitions
Crypto brokerage Swyftx has secured an Australian Financial Services Licence, paving the way for future payment products as it expands ...
Banking Circle Australia leadership shake-up after NPP blow-ups
Banking Circle Australia leadership shake-up after NPP blow-ups
Banking Circle Australia leadership shake-up after NPP blow-ups
What the company describes as “a planned and carefully governed succession” in Australia, comes as the global group is making ...
Banking Circle opens Australia to pipeline of global stablecoin players
Banking Circle opens Australia to pipeline of global stablecoin players
Banking Circle opens Australia to pipeline of global stablecoin players
Banking Circle is expanding its Australian stablecoin push, introducing a pipeline of international digital asset firms to local payment rails ...
An Australian fintech just made the first legal crypto bet in Nevada history
An Australian fintech just made the first legal crypto bet in Nevada history
An Australian fintech just made the first legal crypto bet in Nevada history
Aussie fintech BurraPay spent a decade building the compliance plumbing that finally got Bitcoin past the Nevada Gaming Control Board. ...
ACCC assesses competition impact of Mastercard’s BVNK acquisition
ACCC assesses competition impact of Mastercard’s BVNK acquisition
ACCC assesses competition impact of Mastercard’s BVNK acquisition
The ACCC has called for submissions about the potential competition impacts of Mastercard’s proposed $1.8 billion acquisition of stablecoin infrastructure ...

Got a story to share?

Get in touch with PayDay News today!

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information