[Reserve Bank of Australia: Stablecoins and Bank Deposit Tokens Can Coexist in Tokenization Development] Deep Tide TechFlow reports, on March 25, according to The Block, Brad Jones, Assistant Governor of the Reserve Bank of Australia (RBA), stated in a speech that the advancement of asset tokenization has shifted from 'whether' to 'how' to implement it. Research from Project Acacia indicates that tokenization technology could bring approximately $16.7 billion in annual efficiency gains to the Australian economy. Jones noted that stablecoins and bank deposit tokens can play complementary roles—stablecoins are suitable for small, emerging tokenized markets, while bank deposit tokens, backed by prudent regulation and central bank liquidity support, will play a more significant role in larger markets. The RBA also announced plans to establish a digital financial market infrastructure sandbox, form a regulatory-industry tokenization advisory group, and expand the deposit token working group to promote cross-bank interoperability.