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.

9 Likes

Reward
9
5
Repost
Share

Comment

0/400

tokenomics_truther

· 10h ago

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

· 10h ago

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

· 11h ago

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

· 11h ago

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

· 11h ago

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