XRP Was Used By The Central Bank Of Australia In Project Acacia! New Report Just Dropped...

追加: 2026-05-22

[00:00:00]Welcome back, ladies and gentlemen.

[00:00:01]Rupert here, and today I want to talk to you guys about one of the world's leading central banks and how they are looking to use and utilize XRP. Of course, I'm referring to the Reserve Bank of Australia, Australia's central bank. Referring to Project Acacia, which is exploring the role of digital money in wholesale tokenized asset markets.

[00:00:23]This was their final report. This was released literally just a couple of days ago. Let's go ahead and get into this report. I think a good place to start is with their executive summary.

[00:00:35]It says, and I'll zoom in so that you guys can read along with me. Project Acacia was a research project led by the Reserve Bank of Australia, RBA, and the Digital Finance Cooperative Research Centre that explored how digital money and associated settlement infrastructure could enhance the functioning of Australia's wholesale asset markets through the development of tokenized finance. Overall, the project found strong potential for the tokenization of assets alongside digital money and or enhanced settlement infrastructure to improve the efficiency, resiliency, and functionality of financial markets.

[00:01:17]>> [clears throat] >> However, generating these benefits will require a coordinated effort across industry and the public sector to further facilitate the development of tokenized innovation. The RBA, together with the DFC RC, and other agencies on the Council of Financial Regulators have identified various initiatives that will continue to foster the strong public-private collaboration built through Project Acacia, setting out the road ahead for supporting responsible innovation at scale. If we scroll down, you can see you can see here what the use case was. The use cases highlighted significant opportunities across the asset life cycle from issuance and servicing to trading and settlement.

[00:02:08]This included improving capital efficiencies via reduced settlement frictions and short to settlement cycles, reduced counterparty risk, enhanced issuer and investor access to 24/7 liquidity pools, and reductions in intermediation costs and operational errors from the automation of key aspects of an asset's life cycle management.

[00:02:33]The project also showed that opportunities for enhancing the functioning of wholesale markets in Australia do not rely solely on tokenization. Interim or complementary reform could also deliver meaningful benefits to issuers and investors. These include more expansive use of existing fast payments rails and central bank settlement infrastructure, better aligning a better alignment of infrastructure operational hours with global financial centers, and greater transparency in key funding markets. It talks about where tokenization is going.

[00:03:11]It says real world assets and I think XRP is definitely positioning themselves in this arena.

[00:03:18]Real world assets could reach up to 30 trillion by mid-2030 although a broad range of assets has been tokenized.

[00:03:29]Activity to date has been concentrated in fixed income markets with more than 80% of tokenized asset value comprised of private credit and US Treasuries.

[00:03:40]Notwithstanding the focus on fixed income to date, key stock exchanges are now actively exploring at DLT platforms that enable trading and settlement of tokenized equities. Nasdaq, for instance, has announced plans to list and allow trading of tokenized equities within the year. And you can see this is effectively where we are. Um it talks about a number of things. It talks about Project Guardian, um a number of other key initiatives from the likes of the Bank of International Settlements, European Central Bank, the UK's digital gilt program, um so on and so forth, the OAPP AI initiative. The entire world is looking to leverage DLT technology.

[00:04:26]The fact that Ripple XRP was chosen here, I think, is very telling. This is extremely interesting. It tackles the sort of size of the market that is looking to be tokenized. It says an international tokenization initiative focused on fixed income.

[00:04:40]Fixed income is regarded as one of the major asset classes likely to benefit from tokenization, particularly when assets are natively or exclusively issued on chain across global fixed income markets. Bonds are the most systemically important instrument with an estimated market size around 110 trillion dollars. Government bonds play a crucial role in the financial system, including as a safe asset for investors, as collateral in a range of transactions, and as a principal benchmark for other assets.

[00:05:14]While corporate bonds are a key channel through which firms raise capital, reflecting this importance, there has been substantial global interest in the tokenization of bonds.

[00:05:25]Talks about recent examples of what's happening, the Republic of Slovenia, so on and so forth. It also mentions that JP Morgan is tokenizing Siemens, KFW, which did that via Cashlink, by the way.

[00:05:43]I think that was on Polygon today.

[00:05:45]Tokenized money market funds, it's talked about what Franklin Templeton are doing. We know what they're doing on Stellar. It says by the second quarter of 2026, the US tokenized money market funds had climbed to around 15 billion dollars in outstanding issuance across 66 products.

[00:06:04]Talks about what BlackRock are doing, BNP Paribas. The reason we're going through this is really because um it it's pretty obvious that the entire world and this report from Project Acacia, the Reserve Bank of Australia, literally highlights perfectly that everybody is looking to get on board with tokenization and looking to harness the power of DLTs. Certainly the ones chosen in this project, I believe are going to play a major role. And of course, Ripple XRP was one which we'll come on to in just a moment. Talks about Broadridge, so on and so forth. Pretty sensational, really, um when you think about it.

[00:06:40]Swift, literally all of the big markets.

[00:06:43]If we look here, it says future work program. Talks about interagency uh regulations working group, exploring exploration of digital finance market instruments and a sand sandbox in relation to that.

[00:06:56]Tokenized government bonds, C-suite round table of the future of tokenized finance in Australia, joint regulatory industry tokenized advisory group, extension of the DTWG, other industry working groups.

[00:07:11]Industry consultation on tokenized money and RITS, settlement infrastructure reviews, wholesale CBDCs, further research, so on and so forth.

[00:07:22]Cross-border uh payments. I mean, this is where the Reserve Bank of Australia are actually looking to now move. Of course, I believe they're going to use similar projects to the ones that they did here.

[00:07:32]Here we can see the mention of uh XRP.

[00:07:35]It says pilot use cases were conducted on a range of public and private platforms, including Canvas Connect, Ethereum, Hedera, which we covered yesterday, Redbelly Network, and the XRP Ledger publicly. Now, I didn't know that they were actually a part of this until recently. You can see they were used by Zero Cap, which we're going to look at, to issue government bonds. Before we get on to that, you can see the appetite for tokenization in Project Acacia.

[00:08:04]Project Acacia attracted significant participation from Australian industry.

[00:08:09]The pilot and proofs of concept explored a broad range of wholesale finance functions, including issuance, servicing, and distribution, redemption, trading, settlement, collateralization, and repo transactions. Participants' willingness to commit time and resources to the project, despite its time-bound and ex- ploratory nature, suggests appetite to explore how new business models could arise from the economic benefits following from tokenized finance. The use cases explored a range of asset classes, including fixed income, management investment schemes, interbank repos, structured products, carbon credits, mining royalties, and receivables. Fixed income was the most prevalent asset class, consistent with international experience. You can see fixed income, there was a number of others, so there was a lot of things looked at here.

[00:09:05]Um it talks about the sort of use case, digital twim, so on and so forth. And then the potential benefits um of tokenization. And I I don't want to read all of these, but it talks about lower costs and more efficient issuance.

[00:09:17]That's This is ultimately why the world's going to adopt DLT technology.

[00:09:20]More efficient settlement and reduced risks, automated life cycle management, automated compliance and market integrity, streamlined asset transfers, broader investor participation from smaller minimum investment size, a single shared source of truth for multiple assets, timely verification for investors, immutable on-chain transaction history, increased resilience by avoiding a single point of operational failure, decentralization decentralized control, um only the owner or someone acting with their authority can use can use or transfer the token, so on and so forth. It then goes on to this, which I found very interesting. It says the DFC RC estimates of the economic gain from asset tokenization estimates of the economic gain from tokenization are still emerging, and only a few studies have attempted to quantify them. However, the studies that do exist suggest the net benefits could be substantial in a fully tokenized ecosystem.

[00:10:34]For Australia specifically, research by the DFRCR estimates that the adoption of tokenization could deliver approximately 24 billion Australian dollars per annum in economic gain across the broader channels, better markets, 10 billion per annum and better payments for 8 billion per annum and better assets 6 billion per annum. These estimates do not include potential downstream economic benefits such as lower cost of capital issuers, so on and so forth. So, this is ultimately why you're going to get this adoption broadly across the boards, and it's pretty remarkable to me that XRP played a role in this. We looked at that in regards to the table, but Zero Cap looked to tokenize government bonds. So, Zero Cap government bond pilots, Zero Cap piloted the end-to-end lifecycle of Australian government bonds tokenized as digital twin digital twin issued on the public permissioned network.

[00:11:42]The use case is explored primary issuance and secondary trading and redemption using a central limit order book combined with a automated market maker with settlement in AUD stablecoin.

[00:11:56]The DLT network used in used in this case was the XRP ledger.

[00:12:02]Collaborative parties that that that that took part in this, wait for this, involved in the use case were Banan PTY Limited FX BGC Broker LP. The bond was held in custody by a broker at JP Morgan, Chainlink, Fireblocks, Ripple Incorporated, Storm Ray PTY LTD and VBPS Exchange PTY LTD.

[00:12:35]So, this is a central bank that is piloting DLTs.

[00:12:40]One of the DLTs that was piloted was XRP, and I think this is another central bank another institution ultimately exploring the XRP ledger. Massive tick to XRP in my opinion. Really good for me. We wanted to share this with you.

[00:12:52]We'll keep you up to date on further future updates. Pretty big news, another central bank exploring XRP. That's it for me. Thanks for watching, guys. See you all soon.