XDC Network collaborates with AUDD
21 January 2026 Australia, US
Image: Tameem/stock.adobe.com
XDC Network, a blockchain built for payments, trade finance, and real-world assets, has partnered with AUDD to modernise payment infrastructure for business transactions between Australia and the United States.
The firms say the collaboration intends to reform the traditional banking rails, by offering faster settlement times and greater efficiency, in a sector that faces high costs and multiple intermediaries.
The payments system allows businesses to convert Australian dollars to US dollars faster, compared to the existing 3-5 day wait time and large fees currently charged by banks for international wire transfers.
The AUDD stablecoin is plugged into the Universal Digital Payments Network that links multiple countries, a Hong Kong-Australia trade programme, and export systems across Singapore and the UAE.
Effie Dimitropoulos, CEO at AUDD, says these inefficiencies are accelerating the shift toward digital payment alternatives: “These cost and efficiency savings for import and export businesses highlight the increasing role of stablecoins in everyday finance and the growth of the sector in Australia.”
“Cross-border payments should work the way businesses expect — fast, affordable, and without current volatility. This partnership provides Australian and global businesses with a practical alternative to slow, costly banking rails, directly reducing the cost of doing business.”
Beny Mohammadkhani, head of growth at XDC Network, remarks: “As traditional banking rails remain expensive to operate on, more businesses are looking to blockchain based solutions to reduce fees while also improving settlement times and we expect this to be a key growth area in the blockchain industry this year.”
“As trade volumes increase, and margins tighten, payment efficiency becomes a competitive advantage. Blockchain-based settlement on XDC Network enables businesses to free up working capital faster, reduce transaction costs, and operate with greater certainty. That’s why we’re seeing growing adoption from importers, exporters, and financial institutions across key trade corridors.”
The firms say the collaboration intends to reform the traditional banking rails, by offering faster settlement times and greater efficiency, in a sector that faces high costs and multiple intermediaries.
The payments system allows businesses to convert Australian dollars to US dollars faster, compared to the existing 3-5 day wait time and large fees currently charged by banks for international wire transfers.
The AUDD stablecoin is plugged into the Universal Digital Payments Network that links multiple countries, a Hong Kong-Australia trade programme, and export systems across Singapore and the UAE.
Effie Dimitropoulos, CEO at AUDD, says these inefficiencies are accelerating the shift toward digital payment alternatives: “These cost and efficiency savings for import and export businesses highlight the increasing role of stablecoins in everyday finance and the growth of the sector in Australia.”
“Cross-border payments should work the way businesses expect — fast, affordable, and without current volatility. This partnership provides Australian and global businesses with a practical alternative to slow, costly banking rails, directly reducing the cost of doing business.”
Beny Mohammadkhani, head of growth at XDC Network, remarks: “As traditional banking rails remain expensive to operate on, more businesses are looking to blockchain based solutions to reduce fees while also improving settlement times and we expect this to be a key growth area in the blockchain industry this year.”
“As trade volumes increase, and margins tighten, payment efficiency becomes a competitive advantage. Blockchain-based settlement on XDC Network enables businesses to free up working capital faster, reduce transaction costs, and operate with greater certainty. That’s why we’re seeing growing adoption from importers, exporters, and financial institutions across key trade corridors.”
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