Solid Intel: AUDD obtains ASIC AFSL, compliant AUD stablecoin available for banks on XRPL

XRP-3,6%

ChainCatcher reports that Solid Intel states Australia has granted a license for a “regulated digital dollar” on the XRP Ledger, allowing banks to use compliant Australian dollar stablecoins for on-chain transactions.

Related information shows that the Australian dollar stablecoin AUDD (issued by AUDC) previously received an AFSL license from ASIC to provide non-cash payment facilities. AUDD can be used across multiple chains, including XRPL.

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