ASIC has granted class relief for intermediaries engaging in the secondary distribution of a stablecoin issued by a licensed issuer. In this instance, the stablecoin selected for the exemption is AUDM issued by Catena Digital. However, intermediaries benefiting from this relief must make the exempt stablecoin's product disclosure statement (PDS) available to their clients, where the issuer has prepared one, ASIC said. ASIC is also working closely with Treasury to implement regulation for digital assets, including a framework for payment stablecoins. In July 2025, ASIC provided regulatory relief for participants of Project Acacia, a three-year project to test the central bank digital currency.