AUDC partners with BP Ventures to Enhance Financial Stability with AUDD Integration in LightEcho Oracle
27 May, 2024
By AUDD
AUDC Pty Ltd (a Novatti Group company) proudly announces a strategic partnership with BPV to integrate AUDD, Australia’s premier stablecoin, into BPV’s LightEcho Oracle on Stellar’s Soroban platform. This collaboration strengthens the Oracle’s capacity to deliver crucial pricing data for emerging markets, leveraging the stability and strength of Australia’s robust economy.
AUDD, a 1:1 fiat-backed stablecoin operated by AUDC, now joins a diverse list of supported currency pairs and indicators within the LightEcho Oracle, including XLMVOL30d, USD, EUR, NGN, KES, INR, ARS, and BRL. This expansion enhances the Oracle’s utility, underscoring Novatti’s commitment to providing accurate and timely data updates every 10 minutes to meet diverse market demands.
The integration of AUDD is pivotal, showcasing AUDC’s expertise and reputation in the fintech sector. This move reinforces the reliability and stability of AUDD within the digital asset ecosystem. By incorporating AUDD into the LightEcho Oracle, AUDC and BPV aim to facilitate seamless access to stablecoin liquidity, promoting financial inclusion and innovation.
Including AUDD in the LightEcho Oracle provides significant implications, offering essential infrastructure for navigating Australia’s thriving financial landscape and beyond. As one of the world’s leading economies, Australia’s financial stability is crucial, and AUDD’s integration further solidifies this position.
For integration opportunities and further details, visit Stellar Expert and explore the BPV GitHub repository.
Stay connected and informed by joining the AUDD community on LinkedIn or X where we share the latest updates and insights.
About AUDC: AUDC Pty Ltd is a Novatti Group majority-owned entity specialising in stablecoins. With a focus on their fully backed AUDD stablecoin and full transparency, AUDC plays a crucial role in shaping the stablecoin economy in Australia and beyond. They provide comprehensive financial services to individuals and businesses worldwide.
For media enquiries, please contact: Effie Dimitropoulos, CEO – AUDD, [email protected]
About BPV: BPV helps fintechs use stablecoins and blockchain technology to improve operational efficiencies and increase revenues. As an official Stellar integration partner, BPV specialises in digital asset custody, management, and tokenised asset trading software, shaping the future of finance.
For enquiries, please contact Christian Larsen at [email protected]
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