Australian payments firm Novatti expands its AUDD stablecoin to XRP Ledger

Australian payments fintech Novatti Group Limited has expanded its Australian dollar-backed stablecoin AUDD to XRP Ledger, according to a press release shared with CryptoSlate. AUDD, which was first launched in November 2022 on the Stellar blockchain, will be available for 1.1 swaps with AUD via XRP Ledger, as per the statement.

The expansion means users can utilize AUDD to make payments and trade with other XRPL-based tokens. Users will be able to access AUDD through any XRPL-enabled wallet, the firm said.