The Australian Securities and Investments Commission (ASIC) has announced a regulatory exemption for stablecoin intermediaries. This exemption allows intermediaries to distribute stablecoins issued by holders of an Australian Financial Services (AFS) license without needing to obtain separate AFS, market, or clearing licenses. This marks Australia's first collective exemption of its kind, aimed at fostering growth and innovation in the digital asset and payment sectors. The exemption will take effect following federal legislative registration.