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Solid Intel: AUDD obtains ASIC AFSL, compliant AUD stablecoin available for banks on XRPL
Mars Finance reports that Solid Intel states Australia has granted a license for a “regulated digital dollar” on the XRP Ledger, allowing banks to use compliant Australian dollar stablecoins for on-chain transactions. According to information, the Australian dollar stablecoin AUDD (issued by AUDC) previously received an AFSL license from ASIC to provide non-cash payment facilities. AUDD can be used across multiple chains, including XRPL.