XRPL Adds Regulated AUDD After ASIC Licenses AUDC

TLDR

• ASIC granted an Australian Financial Services Licence to AUDC Pty Ltd to issue AUDD.
• AUDD now operates as a regulated non-cash payment facility on XRPL.
• Banks and corporates can issue hold and transact AUDD under existing financial law.
• AUDD maintains full one-to-one backing with Australian dollar reserves at local institutions.
• The stablecoin had already launched on multiple blockchains before securing the licence.

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Australia has approved a regulated Australian dollar stablecoin for use on a public blockchain. The Australian Securities and Investments Commission granted an Australian Financial Services Licence to AUDC Pty Ltd, issuer of the Australian Digital Dollar. As a result, AUDD can operate as a non-cash payment facility on the XRP Ledger under existing financial law.

XRPL Integrates AUDD After AFSL Approval

ASIC issued the AFSL to AUDC Pty Ltd, which manages the Australian Digital Dollar. Consequently, AUDC can offer AUDD as a regulated payment product on XRPL. The licence permits banks and corporates to issue, hold, and transact the token within Australia’s financial framework.

AUDD maintains a 1:1 backing with Australian dollar reserves held at local financial institutions. The issuer confirmed that it designed the token to meet compliance standards for institutional use. ASIC’s approval, therefore, removes uncertainty around balance sheet treatment and payment settlement.

Industry reports state that the licence allows financial institutions to process on-chain payments using AUDD. Banks can now execute real-time settlement and internal transfers on XRPL. Reports also indicate that institutions may explore tokenized asset markets using the regulated token.

AInvest stated that the approval “removes legal ambiguity” for Tier-1 institutions. The publication added that firms can now integrate AUDD into existing payment workflows. Panews and MEXC also reported that banks can use AUDD for treasury and cross-border transactions.

AUDD Expands Multi-Chain Presence as XRP Records Market Reaction

AUDD had already launched on Ethereum, Stellar, Solana, Hedera, and XRPL before the license. The issuer disclosed that the stablecoin processed billions of dollars in transactions across networks. These transactions included cross-border settlement and corporate treasury flows.

The AFSL now formalizes XRPL as a regulated rail for Australian dollar tokenized payments. Institutions can conduct compliant digital AUD transfers on a public blockchain. The framework aligns the token with Australia’s existing non-cash payment regulations.

Market data showed that XRP recorded a modest price rebound following the reports. One industry report cited a move toward 1.38 US dollars during the trading session. The same report noted a 212% increase in spot buying activity on Bitrue.

Trading volumes increased as participants responded to the regulatory update. Exchanges recorded higher activity linked to XRP pairs during the period. Public disclosures did not indicate changes to the Reserve Bank of Australia’s position on central bank digital currency.

AUDD remains a private stablecoin and does not represent a CBDC from the Reserve Bank. The issuer continues to hold full Australian dollar reserves at domestic institutions. ASIC’s licence allows AUDC to operate the product within Australia’s financial services regime.

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