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AUDC Pty Ltd has officially launched the Australian Digital Dollar (AUDD) on the Hedera network.
Author: Sahil Thakur
Written On: Thu, 19 Jun 2025 04:51:23 GMT
AUDC Pty Ltd has officially launched the Australian Digital Dollar (AUDD) on the Hedera network, marking a significant milestone in the evolution of stablecoins in the Asia-Pacific region. This deployment is the first commercial rollout using the Hedera Stablecoin Studio and the first Australian dollar stablecoin issued natively on Hedera, leveraging its Hedera Token Service (HTS).
With this launch, AUDD becomes available for real-time transactions on the Hedera blockchain, known for its low-cost, high-speed, and carbon-negative infrastructure. Each transfer costs approximately $0.001 USD, with finality in just seconds. Users can now hold, send, and receive AUDD via any Hedera-compatible digital wallet.
“AUDD on Hedera marks a major step forward for digital money in the APAC region and beyond,” said Effie Dimitropoulos, CEO of AUDC Pty Ltd. “We’re proud to lead the first commercial implementation of the Hedera Stablecoin Studio—delivering scalable, compliant, and environmentally responsible AUD payments.”
AUDD is designed with enterprise-grade performance and regulatory alignment in mind. With tokenization reshaping sectors from carbon credits to trade finance, AUDD offers a stable, regulated digital currency capable of integrating with smart contracts, tokenised assets, and digital marketplaces.
“This launch is transformative for the network and the global stablecoin ecosystem,” said Sabrina Tachdjian, Head of Fintech & Payments at HBAR Inc. “AUDC’s vision fits squarely within our mission to advance real-world use cases on Hedera—from cross-border payments to ESG-linked financial flows.”
AUDD’s integration with Hedera adds to its growing multi-chain framework, which already includes Ethereum, Stellar, XRPL, Solana, and XDC. This blockchain-agnostic approach allows AUDD to serve as foundational infrastructure for digital payments, trade, and DeFi—across a wide range of ecosystems and protocols.
| Blockchain | Launch Date | Notes |
|---|---|---|
| Stellar | November 1, 2022 | Initial launch and wallet/DDEX access |
| XRPL | June 13, 2023 | Expanded to XRP Ledger |
| XDC Network | February 6, 2025 | Added support for trade/remittances |
| Hedera | June 19, 2025 | Latest – live on Hedera HTS |
Stablecoins are blockchain-based tokens pegged to real-world fiat currencies. While USD-pegged stablecoins dominate, other national currencies have seen rising blockchain representation. Here’s a breakdown by currency:
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