> In a significant move to expand its global payments infrastructure for regulated digital currencies…

Source: https://www.audd.digital/news/udpn-expands-global-financial-infrastructure-with-the-integration-of-audd/

# UDPN Expands Global Financial Infrastructure with the Integration of AUDD

3 September 2024

In a significant move to expand its global payments infrastructure for regulated digital currencies, [Universal Digital Payments Network (“UDPN”)](https://www.udpn.io/home/io) today announced the integration of the [Australian Digital Dollar (“AUDD”)](/)** onto its platform**. This strategic addition positions UDPN to support regulated stablecoins pegged to three major currencies: US Dollar, Euro, and now the Australian Dollar.

AUDD is designed to meet the increasing demands of the digital economy, providing a stable and reliable banking alternative, especially suited for businesses aiming to manage their financial operations with enhanced stability and efficiency. Backed 1-to-1 by Australian Dollars and blockchain-agnostic, AUDD not only broadens UDPN’s reach but also enables UDPN clients to expand their market presence and forge connections with global partners.

“This collaboration is expected to accelerate the adoption of AUDD both within Australia and globally, reducing friction and enhancing the flexibility of international payments. Our existing and prospective AUDD clients already participate in the borderless digital world and demand more efficient and transparent means by which to transact in digital commerce. Our integration with UDPN aims to close that gap.” added [Effie Dimitropoulos](https://www.linkedin.com/in/edimitropoulos/?originalSubdomain=au), CEO at AUDC.

Historically, financial infrastructures have been designed primarily for domestic transactions. However, with global business interactions becoming more prevalent, there is a need for a system that can accommodate the speed and complexity of today’s international business environment. UDPN addresses this issue by facilitating quicker and more reliable payments and seamless foreign exchange services, which traditionally could take several days and incur substantial fees.

Early this year, UDPN introduced several innovative commercial solutions, including a Tokenised Deposit/Stablecoin Management System and a Digital Asset Tokenisation System, to bridge the gap between traditional banking systems and modern financial technology.

“The integration of AUDD into the UDPN is a testament to our ongoing efforts to bridge traditional banking with cutting-edge financial technology. This step not only broadens our platform’s capabilities but also demonstrates our commitment to supporting regulated digital currencies worldwide. We are thrilled to see the innovation and efficiency this will bring to our clients within the digital currency ecosystem.” stated [Steffen Schacher](https://sg.linkedin.com/in/schachers), Digital Assets Lead at [GFT](https://www.gft.com/int/en).

To learn more about the Universal Digital Payment Network (UDPN) and how it can benefit your organisation or to arrange a demonstration, interested parties are encouraged to visit [udpn.io](http://udpn.io/)

The information in this blog is

- provided for informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose;
- not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice; and
- general in nature and is not specific to you or anyone else.

You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented in this blog without undertaking independent due diligence and consultation with a professional broker or financial advisory and you understand that you are using any and all information available in this blog at your own risk.

RISK STATEMENT – the trading of cryptocurrencies/cryptoassets has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice

## What can we do for you?

Tell us your industry and a little about what you're looking for. A member of our team will be in touch to discuss how AUDC can help.

Full nameBusiness emailCompany

Industry Select

Crypto Exchanges & OTC Money Services & Remittance Institutional, Funds & Wealth Payment Service Providers FX & CFD Brokers Web3, Gaming & Creators Treasury & Tokenised Assets Financial Institutions Other

Other industry

Interested in Select

AUDD Stablecoin NZDSC Stablecoin AUDD Mint White Label Payments (Receive, Send & Manage) Virtual Accounts Local Payments Connectivity AUDD Direct (No Code) Enterprise API Other / General Enquiry

Leave this field empty

Submit enquiry Submit enquiry
