Rising interest in blockchain-based digital finance has seen AUDD close its pre-seed funding round at $600k as investors sought to increase their early stage-investment in the business. In the two years since its inception, the AUDD multichain stablecoin has rapidly gained traction in the market, exceeding more than $25 million in payments volume, within just
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As blockchain technology continues to disrupt traditional financial institutions, digital payments company Novatti Group (ASX: NOV) has secured a range of new investors keen for a slice of their AUDD stablecoin business which has minted more than $4 million since launching. AUDD is a 1:1 fiat-backed stablecoin that enables businesses, people and governments to make
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Following the announcement of their stablecoin for instantaneous cross-border digital payments, fintech company Novatti Group (ASX: NOV) has confirmed that its AUDC coin will be integrated into one of the world’s biggest blockchain networks when it is issued on Ripple’s XRP Ledger. While Ripple may be best known for their XRP cryptocurrency, their underlying payments
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