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AUDD Launches Natively on Hedera, Pioneering Australian Dollar Stablecoin Innovation
- AUDD became the first stablecoin launched on Hedera, offering real-time, low-cost, and compliant payments tailored for Asia-Pacific enterprises.
- It was launched on Hedera’s Stablecoin Studio, which simplifies enterprise-grade token issuance with features like proof-of-reserve, KYC/AML tools, and third-party custodian integration.
- AUDD remains live across multiple blockchains and holds its peg with the Australian dollar despite market turbulence.
The Australian dollar-backed stablecoin AUDD has officially gone live on the Hedera blockchain, becoming the first commercial deployment using the network’s newly launched Stablecoin Studio.
The company expects the integration with Hedera to expand its footprint within the digital payment network targeting the Asia-Pacific region.
We’re proud to be the first commercial implementation of the Hedera Stablecoin Studio—bringing real-time, low-cost, and environmentally conscious payments to enterprises, institutions, and smart contract ecosystems. Stablecoins like AUDD will be central to ensuring real-world currencies interact securely with decentralized finance.
Effie Dimitropoulos, CEO of AUDC Pty Ltd. Related: SEC Opens Public Comment on Franklin Templeton’s Proposed XRP and Solana ETFs
The launch also serves as the first commercial rollout of Hedera’s Stablecoin Studio, designed specifically to streamline compliant, enterprise-grade stablecoin issuance.
In short, Stablecoin Studio is an open-source toolkit aimed at streamlining token issuance and compliance, eliminating much of the complexity related to launching compliant, transparent stablecoins.
Some of the platform’s key features include built-in proof-of-reserve mechanisms, flexible integration with third-party custodians, and robust KYC/AML functionality designed for automatic account monitoring and regulatory alignment.
AUDD’s Current Outlook
Issued by AUDC Pty Ltd, which is a subsidiary of Novatti Group Limited, AUDD is already active across several major blockchains including Ethereum, Stellar, XRPL, Solana, and XDC.
AUDD was originally launched in November 2022 on the Stellar blockchain. Market data shows AUDD’s current market capitalisation at roughly US$180k (AU$277k), a decrease of over 80% from the US$1.4M peak in December 2024.
Nevertheless, price stability remains somewhat robust, with AUDD maintaining its peg to the Australian dollar within typical fluctuations of around 2-4%.
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Author
José Oramas
José is a journalist and translator with a keen interest in blockchain and cryptocurrencies.
