Novatti Group Expands Australian Dollar-Backed Stablecoin to XRP Ledger for Payments and Trading

06/13 00:35

Novatti Group Limited, an Australian payments fintech, has expanded its stablecoin AUDD to XRP Ledger. The stablecoin, which was first launched on the Stellar blockchain in November 2022, will now be available for 1.1 swaps with AUD via XRP Ledger. This expansion allows users to make payments and trade with other XRPL-based tokens using AUDD. Novatti is integrating AUDD with its existing suite of payment tools, and the stablecoin is designed to serve various use cases such as remittance, payment gateway, trading pair, and stablecoin-as-a-service.

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