The Australian Digital Dollar (AUDD), issued by AUDC Pty Ltd, has officially launched on the Hedera Network.
With this launch, AUDD holders can send, receive, and store the stablecoin in any Hedera-enabled digital wallet. Transactions occur in real time and benefit from Hedera’s enterprise-grade infrastructure, which includes transaction finality in seconds, predictable low fees of just $0.001 per transfer, and a carbon-negative footprint. These features make the Hedera Network is an ideal platform for programmable finance, micropayments, and sustainable digital ecosystems.
AUDD’s integration on Hedera offers a blend of speed, security, and environmental responsibility. Unlike traditional payment methods that can be slow and costly, transactions with AUDD settle almost instantly and at minimal cost. This is a big deal for businesses and individuals who need reliable and affordable access to digital payments.
Effie Dimitropoulos, CEO of AUDC Pty Ltd, highlighted the importance of this launch: “AUDD on Hedera marks a major step forward for digital money in the APAC region. We’re proud to bring real-time, low-cost, and environmentally conscious payments to enterprises, institutions, and smart contract ecosystems.” This comes at a time when tokenization is rapidly reshaping industries. For example, companies are increasingly tokenizing assets like carbon credits to boost transparency and efficiency.
Hedera’s compatibility with Ethereum’s virtual machine (EVM) and its high throughput ensure that AUDD can scale globally. This is while meeting strict regulatory and sustainability requirements. This is vital as more institutions seek digital currencies that are fast, compliant, and eco-friendly.
The launch on Hedera adds to AUDD’s growing presence across multiple blockchain networks. Including Ethereum, Stellar, Solana, and more. This multi-chain approach enhances interoperability. This allows AUDD to serve as a foundational tool for payments, DeFi, and trade across diverse platforms.
Sabrina Tachdjian, Head of Fintech & Payments at HBAR Inc., emphasized the broader impact: “AUDC’s work aligns strongly with advancing real-world financial use cases on Hedera—from cross-border payments to ESG reporting.” As global demand for digital currencies grows, such collaborations pave the way for innovation grounded in compliance and sustainability.
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🇦🇺 TODAY: Australian Digital Dollar stablecoin $AUDD officially launches on the Hedera network.
