PANews reported on September 24th that Coinbase will globally launch two local fiat stablecoins : AUDD (Australian Dollar stablecoin, issued by AUDC Pty Ltd ) and XSGD (Singapore Dollar stablecoin, issued by StraitsX ) on September 29th . Users can freely convert Australian dollars to AUDD and Singapore dollars to XSGD . Both currencies are backed by fiat reserves, and XSGD has been approved by the Monetary Authority of Singapore for compliance.
Coinbase to List Australian Dollar and Singapore Dollar Stablecoins AUDD and XSGD
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Author: PA一线
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