Hedera Just Got Its First Aussie Dollar Stablecoin – And It’s Fast, Cheap, and Green

AUDC Pty Ltd has officially launched AUDD, the Australian dollar-backed stablecoin, on the Hedera network. This is the first time an Australian dollar stablecoin has been natively issued on Hedera, and it’s also the first real-world use of Hedera’s Stablecoin Studio.

From now on, people can hold, send, and receive AUDD using any wallet that supports the Hedera network. The goal is to make digital money more accessible, faster, and cheaper to use. On Hedera, AUDD transactions settle in just a few seconds and cost about $0.001 per transfer. The network also runs on a carbon-negative infrastructure, which means it’s designed to be energy-efficient and environmentally friendly.

Effie Dimitropoulos, the CEO of AUDC, said that launching on Hedera is a big step for digital payments in Australia and across the Asia-Pacific region. She explained that AUDD was built for real-world financial use cases – from cross-border payments and microtransactions to enterprise-grade settlements and smart contracts. And with the rise of tokenised assets, she believes stablecoins like AUDD will play a key role in how money moves on-chain.

Hedera’s team echoed that message. Sabrina Tachdjian, Head of Fintech & Payments at HBAR Inc., said the launch shows how serious Hedera is about supporting real financial systems. She pointed out that Hedera’s low fees, speed, and energy efficiency make it a strong foundation for stablecoins, especially for institutions and developers building in areas like ESG, tokenised assets, and financial infrastructure.

AUDD isn’t just limited to Hedera. It’s already part of a wider, multi-chain setup that includes Ethereum, Stellar, XRPL, Solana, and XDC. This means AUDD can be used across different blockchains, which helps it fit into a global system of payments, trading, and decentralized finance.

Anyone who wants to buy AUDD can do it 1:1 with Australian dollars at audd.digital. It’s already available in Hedera-compatible wallets and interfaces.

With this launch, AUDC and Hedera are trying to show that stablecoins can be more than just speculative assets. They can also be tools for building real payment systems – ones that are fast, affordable, and built to scale responsibly.

Read also: Hedera (HBAR) Price to $0.60? Analyst Weighs In

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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