Hedera HBAR Network Welcomes Australia’s AUDD Stablecoin Launch

Australia's digital dollar (AUDD) stablecoin has officially launched on the Hedera Network, significantly expanding its multi-chain availability. The AUDD stablecoin, fully collateralized and pegged 1:1 to the Australian dollar, is now accessible on Hedera alongside Ethereum, Stellar, XRPL, Solana, and XDC.

This integration utilizes Hedera's enterprise-grade performance, offering real-time AUD transfers, minimal fees of $0.001 per transaction, and a carbon-negative footprint. AUDD's launch on Hedera marks the first native issuance of an Australian dollar stablecoin using the Hedera Token Service (HTS) and the inaugural commercial use of the Hedera Stablecoin Studio.

"As tokenization accelerates, stablecoins like AUDD will bridge traditional finance with decentralized ecosystems," said Effie Dimitropoulos, CEO of AUDC Pty Ltd. The MOVE is expected to enhance digital payments across the Asia-Pacific region and beyond, providing institutions with a regulated, interoperable currency solution.