ANZ Bank plans to roll out to more corporate customers its stablecoin, the A$DC, which is fully collateralised with Australian dollars and under review by multiple regulators.

ANZ executive Nigel Dobson told The Australian Financial Review Banking Summit on Tuesday its initial use case for the stablecoin – which allows an institutional client to invest in crypto assets – was being extended to enable people to buy a broad range of digital assets with Australian dollars.