Solid Intel: AUDD obtains ASIC AFSL, banks can use compliant AUD stablecoin on XRPL

Solid Intel stated that Australia has granted a license for a "regulated digital dollar" on the XRP Ledger, which will allow banks to use a compliant Australian dollar stablecoin for on-chain transactions.

Relevant information shows that the Australian dollar stablecoin AUDD (issued by AUDC) has previously received AFSL authorization from ASIC to provide non-cash payment facilities, and AUDD can be used across multiple chains such as XRPL.