The AUDC-issued AUDD stablecoin received authorization from ASIC (Australian Securities and Investments Commission) under AFSL for non-cash payment services, expanding access across multiple blockchains including XRPL.
Australia has approved a license for AUDD, a regulated digital dollar built on the XRP Ledger, marking a key advancement in official support for blockchain-based payments. Issued by AUDC, the AUDD stablecoin operates under ASIC’s AFSL authorization, which allows it to function as a non-cash payment facility. The asset is available on several blockchains, enhancing interoperability and expanding its potential use within both retail and institutional digital payment systems.