AUDD Launches on Hedera Blockchain
AUDC Pty Ltd, the issuer of the Australian Digital Greenback (AUDD), companions with Hedera, launching the stablecoin the Hedera Community. The launch, accomplished with the Hedera Basis, is the primary time an Australian greenback stablecoin has been straight issued on Hedera utilizing its Token Service (HTS). It’s also the primary industrial deployment of the Hedera Stablecoin Studio.
With this launch, AUDD might be despatched, acquired, and held by way of any Hedera-compatible digital pockets.
AUDD on Hedera presents a regulated and scalable choice for establishments needing compliant and environment friendly digital foreign money options. Hedera’s help for top transaction throughput, low power consumption, and Ethereum Digital Machine (EVM) compatibility permits it to satisfy operational and regulatory necessities for digital belongings.
The combination with Hedera provides to AUDD’s presence throughout a number of blockchain networks, together with Ethereum, Stellar, XRPL, Solana, and XDC. This multi-chain strategy helps broader interoperability and positions AUDD to be used in decentralised finance (DeFi), cross-border funds, and commerce purposes.
Picture: Freepik
