Coinbase will list stablecoins AUDD and XSGD denominated in Australian dollars and Singapore dollars

Techub News: Coinbase will list the first batch of stablecoins denominated in Australian dollars and Singapore dollars, AUDD and XSGD. The two new stablecoins will begin global sales on Coinbase on September 30 at 1:00 Hong Kong Time. AUDD is an Australian digital currency issued by AUDC Pty Ltd. It is a fully collateralized, legally backed stablecoin designed to be exchanged at a 1:1 ratio with the Australian dollar, specifically built for institutional-grade programmable finance. XSGD is a fiat-backed stablecoin issued by StraitsX. XSGD has received recognition from the Monetary Authority of Singapore (MAS) and complies with the upcoming Single Currency Stablecoin (SCS) regulatory framework.