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
Read More
By facilitating instantaneous transactions that can be publicly traced, blockchain-based payments are rapidly disrupting traditional banking systems where digital payments company Novatti Group (ASX: NOV) has confirmed the launch of its AUDD stablecoin on the XRP Ledger. XRP Ledger (XRPL) is a decentralised exchange (DEX) operated by Ripple, where XRP is the native digital currency.
Read More
As digital wallets users in Australia have doubled in the last three years, the need to adapt traditional banking systems around digital currency is being explored by the Reserve Bank of Australia, with a use case presented by digital payments company Novatti Group (ASX: NOV) centring around their AUDD stablecoin. The presentation by Novatti was
Read More
A Government issued digital currency is on the agenda of the Reserve Bank of Australia (RBA) which is tapping fintech companies around Australia for guidance on blockchain technology with the latest being Novatti Group (ASX: NOV), issuers of the AUDD stablecoin. Novatti launched the AUDD stablecoin last year where every AUDD issued is 1:1 fiat
Read More