Solid Intel: AUDD receives ASIC AFSL, enabling banks to use compliant AUD stablecoins on the XRPL blockchain.

CoinFeed reported on March 3 that Solid Intel stated Australia has granted a license for a "regulated digital dollar" on the XRP Ledger, allowing banks to use a compliant Australian dollar stablecoin for on-chain transactions. Related information indicates that the Australian dollar stablecoin AUDD (issued by AUDC) previously received an AFSL authorization from ASIC to provide non-cash payment facilities, and AUDD can be used on multiple chains such as XRPL.