It was reported that a certain trading platform announced that it will launch the Australian dollar stablecoin AUDD and the Singapore dollar stablecoin XSGD on September 29 at 19:00 (UTC). AUDD is issued by AUDC Pty Ltd and is a fully collateralized, fiat-backed stablecoin that can be exchanged 1:1 for Australian dollars, designed for institutional-grade, Programmability finance. XSGD is a fiat-backed stablecoin issued by StraitsX. XSGD

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