Australian Bank Halts Development of ETH-Based Stablecoin

The decision of the Australian bank to halt the development of the ETH-based stablecoin project shows that startups are better positioned to innovate or adapt than established banks. The National Australia Bank recently abandoned its ETH-based stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s

Source: Bitcoin World