Zcash (ZEC) is a digital currency that focuses on privacy. Introduced in 2016 by Zerocoin Electric Coin Company, Zcash offers enhanced user privacy compared to other blockchain platforms. ZEC serves as the network's native cryptocurrency, managing all network transactions and mining rewards.
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The Australian Dollar (AUD) is the official currency of Australia, issued by the Reserve Bank of Australia (RBA). AUD is often influenced by commodity exports like gold and iron ore. Australia has a strong blockchain industry, and AUD-backed stablecoins provide a way to transact in crypto while maintaining value stability.