AUDD

AUDD

AUDD is Novatti’s Australian Dollar (A$) backed stablecoin intended for facilitating payments, transactions and remittances between businesses and their customers. Unlike other stablecoins that are collateralised with algorithms or cryptocurrencies, AUDD is collateralised on a 1:1 basis by Australia’s sovereign currency. This means the risk of the AUDD depreciating in value is minimised. For every AUDD that it mints, AUDC PTY LTD will hold 1 A$ in reserve.

Links

Website

Communities

Discord

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Currency

4155444400000000000000000000000000000000

Issuer

rUN5Zxt3K1AnMRJgEWywDJT8QDMMeLH5ok

Date Created

June 6th, 2023

Holders

58

Trustlines

325

Blackholed

Yes

Category

Stablecoin

Tags

Stable Coin

Payments

Backed-Asset