AboutAUDM is a stablecoin pegged 1:1 to the Australian dollar, issued by Macropod, a platform designed to enable seamless digital transactions. Each AUDM token is backed by one Australian dollar held in segregated trust accounts at a major Australian bank. Launched on INSERT LAUNCH DATE, Macropod currently operates as an ERC-20 token on the Ethereum blockchain. The platform, a joint venture between MHC Digital Group and Catena Digital, is the first stablecoin issuer to receive an Australian Financial Services Licence (AFSL) from ASIC, ensuring compliance with Australia’s financial regulations. Macropod’s mission is to provide “digital money for a connected economy,” facilitating efficient, low-cost transactions in a cashless world.
DetailsCategoriesEthereum EcosystemFiat-backed StablecoinStablecoins