Using stablecoin as a medium of exchange, investors are assured that their digital assets are protected against potential downside fluctuations.

Cryptocurrency exchanges, though increasingly feature-rich, still grapple with challenges like security risks, with billions lost to hacks. Users face fiat payment difficulties, often mitigated by stablecoins enabling faster, safer transactions.

AUDD’s functionality on the Stellar blockchain has offered users the opportunity to make payments and trade with other digital assets

AUDD, an Australian Dollar-backed stablecoin by Novatti, is set to enhance its functionality on the Stellar blockchain through the integration of Stellar’s interoperability protocols. This development aims to streamline AUDD transactions, including deposits and withdrawals, directly via various payment methods without exiting the Stellar network.

In 2023, Novatti is set to enhance the functionality of its Australian Dollar (A$) backed stablecoin, AUDD, by integrating Stellar Ecosystem Proposals (SEPs) used by other anchors on the Stellar blockchain. This integration aims to improve interoperability and efficiency in the payments ecosystem, especially for cross-border transactions and on/off ramps.

Since its launch in November 2022, AUDD has been integrated into the Stellar blockchain, offering global users a platform for seamless payments and trading with other Stellar-based digital assets. Novatti’s issuance of AUDD on Stellar aligns with their goal to connect Australians to the blockchain economy, enhancing global currency and remittance transactions with near-instant settlements.

Get to know Michaela Juric, Novatti’s Head of Blockchain and Digital Assets as she discusses her journey into the blockchain industry.

Learn how AUDD stablecoin meets demands for well-regulated, transparent and accessible digital currencies.

Leading fintech Novatti Group Limited (ASX:NOV) announces AUDD stablecoin at the Stellar Meridian conference in Rome.

Interest continues to grow in Australia towards innovative stablecoin technology as a digital payment solution for online shopping and digital business transactions.

Digital currencies, including stablecoins such as AUDD, are becoming more popular by the day and are poised to play a pivotal role in the innovation of the global payments ecosystem.

Novatti announces the launch of its new stablecoin, AUDD, as a digital representation of the Australian dollar, to be issued on the XRP Ledger (XRPL). This initiative, supported by Ripple’s technical expertise and tools, aims to integrate AUDD into the XRPL, leveraging its scalability, speed, and cost efficiency.

Novatti Group Limited announces the upcoming launch of AUDD, an Australian Dollar-backed stablecoin, utilizing the open-source Stellar blockchain to provide a digital representation of the AUD. This stablecoin aims to integrate into Novatti’s existing payment solutions, offering clients innovative payment options and creating potential new revenue streams.