2026-01-15 05:57:18

New developments in the custody sector. Zodia Custody recently announced support for the custody service of AUDM, an Australian dollar stablecoin, focusing on cold storage solutions, and claims to be the world's first custody provider supporting a licensed Australian stablecoin.

AUDM is issued by Macropod, which holds an Australian Financial Services License (AFSL), meaning its compliance status is legally recognized. The backing of the coin is straightforward—1:1 supported by Australian dollar reserves, with no fancy mechanisms.

Interestingly, Macropod previously participated in the Reserve Bank of Australia's Project Acacia. This indicates that Australia is quite active in exploring digital currencies, pushing forward from the central bank level to the stablecoin ecosystem. Zodia Custody's move, to some extent, has found its place within this ecosystem chain.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
9
Repost
Share

Comment

0/400

GasOptimizer

· 01-18 03:53

Another AUD stablecoin is coming, but the key is how the custody cost is calculated. Cold storage is indeed secure, but who will break down the fee model? I haven't seen the gas efficiency data, which is the key indicator that determines arbitrage opportunities.

View OriginalReply0

FalseProfitProphet

· 01-17 17:50

Actions here in Australia are really frequent, but to be honest, with so many custodial institutions, how many are truly reliable? --- Cold storage sounds good, but I'm worried it's just another marketing gimmick, sticking to the same old tricks. --- 1:1 AUD support? These days, being so straightforward makes me a bit suspicious; this is usually where things go wrong. --- Project Acacia is connecting the dots, with compliance licenses in place, which indeed seems more reliable than some air coins. --- The Reserve Bank of Australia is taking this seriously, progressing much faster than some countries, but it remains to be seen how far they can go. --- Having an AFSL license definitely adds points for Macropod, but the security of custody still depends on Zodia's technical capabilities. --- Another "world's first" title—these kinds of advertisements are becoming less and less meaningful. --- The demand for stablecoin custody definitely exists, but with such fierce competition, where's the differentiation advantage?

View OriginalReply0

AirdropFatigue

· 01-16 20:58

Australia is back at it with digital currencies, really quite proactive... But everyone is now looking to get a piece of the custody service. Having a compliance license definitely adds points, but honestly, the 1:1 reserve backing thing... is starting to sound a bit tired. Macropod's involvement in the central bank project is a good background, but is Zodia betting on the Australian market or are they truly optimistic about the stablecoin ecosystem? Cold storage security is undeniable, but I wonder if the costs will be the same old story... Wait, does the Australian dollar stablecoin really have market demand? It seems like they keep doing it, but not many people are actually using it.

View OriginalReply0

NftDeepBreather

· 01-16 01:27

Australia is really serious about building a stablecoin ecosystem here, from the central bank to institutions, everyone is getting involved. --- The fact that Macropod is backed by the central bank is crucial; compliance is no longer a concern. --- Cold storage + direct fiat peg—that's what a stablecoin should look like. Stop with the fancy tricks. --- Wait, how is Zodia so quick to follow up... The custody market is really heating up. --- Australia is secretly laying out plans; we didn't even notice. --- 1:1 AUD reserve backing—this is much more stable than some other coins, no hype, no black. --- From Project Acacia to AUDM to custody services, Australia's chain is forming a complete closed loop.

View OriginalReply0

tokenomics_truther

· 01-15 06:27

Australia is really serious about stablecoins here, from the central bank to the ecosystem, it looks like they are not just playing around. Having compliance licenses written into the law is pretty good, much more reliable than those in the gray areas. Zodia's move is actually about positioning within the ecosystem; the cold storage setup is standard, nothing special. AUDM is backed 1:1 by reserves, Australians like this model, but the key is whether users will truly buy into it. This series of actions seems to be paving the way for large-scale applications; let's see if they can really generate volume later. The stablecoin ecosystem in Australia is indeed heating up; Macropod participating in the central bank project itself shows their attitude. Compliance is one thing, but ecosystem activity is the key; cold storage alone can't sustain an ecosystem.

View OriginalReply0

AmateurDAOWatcher

· 01-15 06:27

Australia is really serious about this, pushing from the central bank to stablecoins. Zodia's move is actually just riding the trend.

View OriginalReply0

PumpBeforeRug

· 01-15 06:16

Australia is really taking action here, from the central bank to stablecoins, pushing forward comprehensively. It feels like the compliance army is about to rise. AUDM, which is backed 1:1, is honestly boring but safe... Custodial institutions are all leaning this way, and the business is stable. Zodia's positioning isn't bad, but the claim of being the "world's first"... industry insiders probably hype it like that. Is Australia really going to develop digital assets? This is getting interesting. After Project Acacia, here comes another move. Australia's determination in Web3 seems extraordinary. It's all a game of the establishment. Honestly, civilians still can't hold on. Cold storage ++ compliance ++ 1:1 backing—this combo really has no flaws, just too conservative. Does Macropod have central bank backing? Feels a bit different. With how competitive stablecoins are in Australia, is the Asia-Pacific region about to change? The custody track is once again becoming competitive. The true winners are still those big institutions.

View OriginalReply0

AirdropAutomaton

· 01-15 06:07

Australia is really getting into stablecoins, with efforts from the central bank to the ecosystem... Zodia's move is pretty good, positioning still shows some finesse.

View OriginalReply0

GasSavingMaster

· 01-15 06:00

Things are really moving faster here in Australia, from the central bank to the stablecoin ecosystem all in one... But to be honest, Zodia Custody's recent moves mainly benefit from the hype. The 1:1 AUD backing is indeed stable, but with so many custodians, why must it be them? What truly attracts institutions should be the transaction fees and cold storage security, right? Speaking of which, if Project Acacia can truly boost the entire Australian ecosystem, these custodians will have business. I'm just worried that in the end, it's all just hype, and real implementation is still a long way off...

View OriginalReply0