Richard Schroder, Head of Digital Asset Services at ANZ Bank, said: "We are very pleased to collaborate with Chainlink to conduct smooth cross-chain and cross-border exchange of our Australian Dollar Stablecoin (A$DC) with the Hong Kong Monetary Authority's digital currency e-HKD. We are testing Chainlink's interoperability standards to simplify on-chain transactions through Programmable Token Transfers. We hope to ultimately promote the development of the digital asset industry by continuously facilitating multi-chain ecosystem cooperation."
Future Plans
In the next phase, ANZ Bank, Fidelity International, and Chainlink will expand the PvP workflow to cover the entire transaction lifecycle, thereby establishing an end-to-end tokenized fund subscription and redemption process. This plan will demonstrate that secure interoperability helps reduce counterparty risk, showcase the potential of an around-the-clock on-chain market, and confirm that compliance can be maintained in a blockchain environment without compromising user privacy. After on-chain digital asset transactions achieve cash settlement, the financial industry will be closer to the ultimate goal of being "always online" while meeting the needs of liquidity, compliance, and privacy.
For more information about the e-HKD+ pilot project interim report, please refer to:
