According to CoinWorld news, on July 12 (UTC+8), Australia is approaching a critical juncture in digital finance. Despite the country's GDP exceeding 2.7 trillion Australian dollars and last year's global stablecoin trading volume surpassing 35 trillion U.S. dollars, the share of Australian dollar stablecoins is less than 0.01%. The compliant stablecoin AUDD issued by the ASX-listed company Novatti has landed on Hedera and has cross-chained to Ethereum, Solana, XRP Ledger, Stellar, and XDC, aiming to create a digital payment infrastructure for local businesses and exporters that can be used for automatic invoice settlement, milestone-triggered payments, and more. The launch of AUDD is expected to bring Australia's first large-scale usable AUD stablecoin payment solution, but its success still depends on collaboration between the government and fintech, rather than each fighting their own battles.

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