Melbourne, Australia – 19 June 2025 – AUDC is proud to announce that its Australian dollar stablecoin, AUDD, has been selected for use in at least two of Australian Payments Plus’ (AP+) three interlinked use cases under the Reserve Bank of Australia and Digital Finance CRC’s landmark Project Acacia.

Project Acacia is a national initiative that examines the role of digital money in wholesale, tokenised asset markets. It aims to test how various forms of digital currency, including stablecoins, bank-issued deposit tokens, and a pilot wholesale central bank digital currency (CBDC), interact within both real-world and proof-of-concept tokenised asset transactions. This project is a fundamental part of Australia’s efforts to modernise its financial infrastructure and regulatory frameworks in line with emerging digital asset technologies.

As one of the forms of digital money selected by AP+ in the project, AUDD, issued on the Hedera blockchain, will be integrated into their project streams that test:

• Settlement coordination across tokenised assets, enabling real-time atomic settlement between multiple money types and supporting the coordination of settlement across wholesale tokenised financial infrastructure; and
• NPP-enabled stablecoin interoperability proof of concept, where Australia’s domestic real-time payment rails are extended with stablecoin on and off-ramp capability.

The selection of AUDD in collaboration with AP+ reinforces AUDC’s growing role as a trusted digital money provider in Australia’s regulated financial innovation landscape. It follows AUDC’s earlier participation in the 2023–24 RBA–DFCRC Central Bank Digital Currency Pilot, where AUDD was included as a complementary stablecoin solution in several experimental use cases.

AUDC CEO, Effie Dimitropoulos, commented:

“We are honoured to have AUDD recognised as a preferred stablecoin in multiple AP+ use cases. This choice reaffirms AUDC’s commitment to delivering compliant, fully backed, and technologically advanced digital currency solutions. Project Acacia marks a significant step forward for Australia’s financial sector, and we are proud to collaborate with leaders such as AP+, DFCRC, and the RBA.”

The pilot will run over six months from July 2025 and include real-money transactions and institutional-grade infrastructure. AUDD’s inclusion in the AP+ use cases demonstrates growing confidence in the role of stablecoins as reliable, programmable, and interoperable digital value in regulated financial markets.

This announcement reflects AUDC’s broader mission to bridge traditional finance with the future of tokenised money, and complements its ongoing contributions to global policy discussions, industry pilots, and blockchain interoperability initiatives.

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About AUDC Pty Ltd


AUDC Pty Ltd is a leading Australian stablecoin issuer, providing a fully-reserved, regulatory-compliant, and multi-chain digital representation of the Australian dollar. AUDD is issued across multiple public blockchains and is built for institutional use, financial market infrastructure, and trusted digital money innovation.

About Project Acacia

Project Acacia is a collaborative research project led by the Reserve Bank of Australia and the Digital Finance CRC, examining how different forms of digital money can support the development of wholesale tokenised asset markets in Australia.

Media Contacts

Effie Dimitropoulos, CEO, AUDC Pty Ltd
Email: [email protected]
Website: www.audd.digital