AUDD passes $1b in transactions on Stellar blockchain
Key points
- AUDD passes more than $1b in transactions on the Stellar blockchain
- AUDD becomes the first Australian Dollar stablecoin to be made available on Coinbase
- Novatti continues to hold a 57% non-controlling interest in AUDD's issuer, AUDC Pty Ltd
Full summary
Novatti Group Limited (ASX: NOV), a payments leader bridging traditional payments and regulated digital finance, has announced that its AUDD stablecoin has passed $1 billion in transactions on the Stellar blockchain. This milestone follows AUDD becoming the first Australian Dollar-backed stablecoin to be listed on Coinbase's retail platform on 29 September 2025. The $1 billion in transaction volumes on Stellar's blockchain do not include those undertaken on Coinbase or through other tier one blockchain ecosystems, including Ethereum. The rapid growth and increasing adoption of AUDD reflects its accelerating use in digital payments and decentralized finance (DeFi) applications. Novatti continues to hold a 57% non-controlling interest in AUDC Pty Ltd, the issuer of AUDD. Importantly, all client funds backing AUDD continue to be held in accounts with Australian Deposit Taking Institutions, and AUDC maintains stringent anti-money laundering and counter-terrorism financing frameworks, consistent with Australian regulatory expectations.
Guidance
Novatti's interest in AUDC, the issuer of AUDD, is valued at $7 million based on pricing for AUDC's seed round announced in August 2025.
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