Digital asset exchange Coinbase partners with AUDC to list AUDD – Australia’s premier digital dollar stablecoin
AUDC Pty Ltd, the issuer of Australia’s leading Australian Dollar stablecoin, AUDD, have announced a strategic partnership with Coinbase to bring AUDD to the world’s most trusted digital asset exchange. Starting on September 29th, AUDD will be available to trade, convert, and hold across Coinbase’s Retail platform.
ASX-listed fintech leader Novatti holds a 57% interest in AUDC Pty Ltd.
This strategic partnership with Coinbase reinforces AUDD’s position as the leading Australian dollar backed stablecoin. Most importantly, it validates Novatti’s early investment and how incubating fintech innovation is creating tangible value.
Novatti’s 57% interest in AUDC is valued at $7 million based on pricing for the earlier seed round announced last month. Importantly, Novatti retains exposure to any upside with AUDD adoption without the obligation to provide additional capital
This partnership positions AUDD as the first Australian stablecoin supported by Coinbase, unlocking seamless access to fast, cost-effective digital transactions for Australians and global users alike. It also marks a major step forward in expanding the stablecoin economy through multi-chain, real-world FX solutions.
A Seamless Digital Dollar Experience
Australian-based Coinbase users can now buy, sell, convert, and send AUDD on the Coinbase app. The stablecoin is designed to be pegged to the AUD and redeemable on a 1:1 basis with the Australian dollar. It is backed by high-quality liquid reserves held in bare trust in ADI segregated accounts in cash and cash equivalents, ensuring transparency and trust.
Users will be able to access AUDD across both Ethereum and Base networks, enabling users to bridge fiat, stablecoins, and crypto with full transparency and with 24/7 settlement. The initial trading pair will be AUDD-USDC, expanding the utility of AUDD across on-chain and off-chain financial ecosystems.
A Shared Vision for Financial Transformation
AUDC CEO Effie Dimitropoulos added, “This partnership with Coinbase represents a major step forward in bringing Australian digital finance into the global spotlight. AUDD was designed to solve real-world inefficiencies in cross-border payments, FX risk, and settlement delays – and Coinbase gives us the scale to deliver that vision.”
“By partnering with AUDC to list AUDD on Coinbase, we’re reinforcing our commitment to localised innovation and expanding access to financial freedom,” said John O’Loghlen, Regional Managing Director APAC & Country Director Australia at Coinbase. “This is a game-changer for Australians who want to move value on-chain without relying on USD-backed stablecoins.”
The Road Ahead
This launch precedes a series of ecosystem activations, including in-app announcements, social campaigns, and IRL events like Token2049 and AusCryptoCon. Users can expect further integrations and incentive programs to deepen AUDD’s adoption throughout Q4 and beyond.
Disclosure: At the time of writing, Australian FinTech Pty Ltd is a shareholder of Novatti Group Limited.
