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National Australia Bank creates stablecoin backed by Australian dollar

The Australian stablecoin will be called AUDN. It will be backed one-for-one by the Australian dollar. Users will be able to settle transactions using blockchain technology using the stablecoin. Despite…

Azuki launches physically backed token linking real objects to blockchain

Japanese anime-inspired NFT initiative Azuki is expanding its presence in Web3 with the launch of a physically-backed token (PBT). The PBT will allow users to generate digital tokens to represent…