AUDT
| AUDT | |
|---|---|
 UDT is a stable token that retains a peg of one to one to the Australian dollar | |
| Denominations | |
| Symbol | AUDT |
| Development | |
| Initial release | 29 July 2019 |
| Written in | Etherium |
| Website | audt.to |
| Block explorer | Etherscan.io |
| Valuation | |
| Market cap | $750 million |
Search AUDT on Amazon.
AUDT (Australian dollar token) is a stable[1] token[2] that retains a peg of one to one to the Australian dollar. It is an ERC-20 token on Ethereum blockchain that was developed and is maintained by AUDT Pty Ltd [3][4] with an AUSTRAC:100628215 and ASIC registration[5] as a digital currency exchange.
It was developed in 2018 and was first listed for trading on a cryptocurrency exchange based in Australia in an attempt to allow and simplify AUD currency denomination in DeFi and to allow AUD denominated interactions in the global crypto economy and trading.[6]
Details[edit]
As of June 2021, it has a fully diluted market capitalization of $750 million[7] and a daily volume of around 8 million dollars, according to Coinmarketcap.
Also, it is a non-algorithmic stable token that claims that its issue is guaranteed by a bank deposit in an Australian bank.[8] The audits of the bank deposits were performed by Crowe Australasia accountants and auditors. The latest report on the website is dated June 2020.[9]
The global company that ruled the process is Chrono.tech[10][11][12] The CEO of the company today is Sergei Sergienko.[13][14][15]
See also[edit]
- WhopperCoin
- USD Coin
- Stablecoin
- XTBs
- Australian Transaction Reports and Analysis Centre
- Crowe Global
References[edit]
- ↑ Reynolds, Amaury (2021-07-12). "Stablecoin: The Most Stable Valued Decentralised Cryptocurrency (USDT, AUDT, USDC, DAI)". CryptoMode. Retrieved 2021-07-15.
- ↑ "Token Australian Dollar". Unknown parameter
|url-status=ignored (help) - ↑ Shipton, James. "ASI Certificate of Registration of an Australian Company Number 635 167 574" (PDF). ASIC. Retrieved 29 July 2019. Unknown parameter
|url-status=ignored (help) - ↑ "Current details for ABN 40 635 167 574". ABN. 29 Jul 2019. Unknown parameter
|url-status=ignored (help) - ↑ "Australian Proprietary Company, Limited By Shares". Unknown parameter
|url-status=ignored (help) - ↑ Invitado, Autor (17 Jan 2018). "Cómo empezar una carrera laboral en blockchain: marketing, relaciones públicas, editorial y derecho". Unknown parameter
|url-status=ignored (help) - ↑ "AUDT Australian Dollar Token on Coinmarketcap". Unknown parameter
|url-status=ignored (help) - ↑ "Chrono Tech Launches Australian Dollar Stablecoin in Spite of 'Big Four' Banks". cointelegraph.com. Unknown parameter
|url-status=ignored (help) - ↑ "Independent Auditor's Report to the Members of AUDT Pty Ltd" (PDF). Crowe Global. Unknown parameter
|url-status=ignored (help) - ↑ Barzilay, Omri (15 Jul 2017). "Tezos' $232 Million ICO May Just Be The Beginning". Forbes. Unknown parameter
|url-status=ignored (help) - ↑ Aitken, Roger (Jan 31, 2017). "ChronoBank 'Crypto' Startup Attracts $3M Bitcoin, Forges Changelly App Partnership". Forbes. Unknown parameter
|url-status=ignored (help) - ↑ "The Top 32 Fintech Companies in Sydney + Careers & Salaries". www.themartec.com. Retrieved 2021-08-09.
- ↑ Rapoza, Kenneth. "Meet The Russians Behind Your Blockchain (And Cryptocurrency, Too)". Forbes. Retrieved 2021-08-09.
- ↑ Barzilay, Omri. "Tezos' $232 Million ICO May Just Be The Beginning". Forbes. Retrieved 2021-08-09.
- ↑ Australia, 60 Minutes, NFTs & Cryptocurrency: The new digital trends making Aussies millions | 60 Minutes Australia
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