On Thursday, the Hedera Foundation announced via X that Hedera has joined Project Acacia, led by the Reserve Bank of Australia and DFCRC. The project will explore how digital money like stablecoins can support the development of Australian wholesale tokenized asset markets.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.19980 at press time, up 13.9% over the last 24 hours.