Australian Digital Dollar Stablecoin (AUDD) Just Went Live on Hedera – Here’s What It Means for Crypto!

Jakarta, Pintu News – The Australian Digital Dollar (AUDD) has officially launched on the Hedera network (HBAR) on Thursday (19/6).

As a fully backed and collateralized stable currency with a 1:1 exchange rate against the Australian dollar, this launch marks a major step in its availability across multiple blockchains.

AUDD is now available on Ethereum (ETH), Stellar (XLM), Ripple (XRP), Solana (SOL), and XDC Network (XDC), adding to the long list of ecosystems that support it.

Australian Digital Dollar (AUDD) Launches at Hedera

The launch of AUDD on Hedera, announced by the Hedera Foundation on June 19, represents the first time an Australian dollar stablecoin has been issued natively on Hedera using the Hedera Token Service (HTS). It is also the first commercial implementation of the Hedera Stablecoin Studio.

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Users can now hold, send and receive AUDD through Hedera’s digital wallet and compatible interface. AUDD’s presence on Hedera is expected to accelerate digital transactions in the Asia Pacific region and beyond.

With a stable and integrated infrastructure, AUDD offers efficient payment solutions for various digital transaction needs, both for individuals and institutions.

AUDD Stablecoin Ensured to be Safe

According to Effie Dimitropoulos, CEO of AUDC Pty Ltd, tokenization of goods, services, and assets is growing rapidly, and stablecoins like AUDD will be essential to ensure real-world currencies can safely interact with decentralized finance.

AUDD not only strengthens the digital finance ecosystem but also offers security and stability in transactions. Another advantage of AUDD on the Hedera network is the enterprise-level performance it offers, including real-time AUD transfers with a low fee of $0.001 USD per transfer.

Additionally, Hedera is known for its negative carbon footprint, making AUDD an environmentally responsible choice for users who are conscious of ecological impact.

Hedera Pioneers in Digital Currency Adoption

Hedera provides stable, regulated and interoperable digital currency solutions that meet the performance and compliance needs of institutions.

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With AUDD, Hedera offers a compelling alternative to traditional fiat currencies, providing speed and efficiency that conventional payment systems cannot match.

With the integration of AUDD, Hedera not only strengthens its position as a leader in blockchain technology but also as a pioneer in the adoption of digital currencies in the financial sector. This opens up new opportunities for innovation and growth in the digital economy, especially in the dynamic Asia Pacific region.

Overall, the launch of AUDD on Hedera marks a new era in the digitization of currencies and financial transactions.

With technical excellence and regulatory compliance on offer, AUDD is poised to become a key player in the evolving global financial landscape.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Crypto Times. Australia Digital Dollar (AUDD) Launches on Hedera (HBAR). Accessed on June 20, 2025
• FXStreet. Hedera Network Integrates Australian Digital Dollar Stablecoin to Push Digital Payments in Asia-Pacific. Accessed on June 20, 2025