Aussie Dollar Token
AUDX is a stablecoin registered as AUSTRAC Dawu Proprietary Limited, issued under the token name AUDX and fully reserve-backed and pegged to AUD, with its reserves held at regulated financial institutions at a ratio of 1:1.AUDX uses bank-grade infrastructure and is supported by a ASX-listed ADI partner, providing secure, compliant, and transparent digital AUD liquidity on-chain.AUDX was initially designed to improve settlement and access to banking services for institutional partners, and will support RWA use cases such as tokenization, collateralized lending, and cross-border trade finance flows. With sound governance, transparent audits, and preparedness for Australia's forthcoming cryptocurrency licensing regime,AUDX aims to become a trusted digital representation of the Australian dollar in financial markets and the Web3 ecosystem.
Overview
AUDX is a stablecoin registered as AUSTRAC Dawu Proprietary Limited, issued under the token name AUDX and fully reserve-backed and pegged to AUD, with its reserves held at regulated financial institutions at a ratio of 1:1.AUDX uses bank-grade infrastructure and is supported by a ASX-listed ADI partner, providing secure, compliant, and transparent digital AUD liquidity on-chain.AUDX was initially designed to improve settlement and access to banking services for institutional partners, and will support RWA use cases such as tokenization, collateralized lending, and cross-border trade finance flows. With sound governance, transparent audits, and preparedness for Australia's forthcoming cryptocurrency licensing regime,AUDX aims to become a trusted digital representation of the Australian dollar in financial markets and the Web3 ecosystem.
- Sector
- # Stablecoins
- Ecosystem
- BNB Chain