What Coinbase Listing AUDD and XSGD Stablecoins on September 29 Means?
Coinbase stablecoin launch has just announced a major leap forward in the world of crypto—listing two local currency stablecoins: AUDD and XSGD.
Coinbase listing AUDD and XSGD stablecoins on September 29, 2025, at 19:00 (UTC) will completely change how people and businesses make payments, as per Wu Blockchain latest X post .
Here’s why you need to know about these exciting developments and how they’ll affect the way you use cryptocurrency.
Coinbase Listing AUDD and XSGD : Launch Details
The exchange is stepping up its game with the introduction of two fully fiat-backed stablecoin that will change how we think about money. Here’s a breakdown of each coin:
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AUDD (Australian Dollar): It is a stablecoin issued by AUDC Pty Ltd. It is fully backed by fiat money, you can exchange token 1:1 for Australian dollars.
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XSGD Stablecoin Listing (Singapore Dollar Stablecoin): It is a fiat-backed stablecoin issued by StraitsX. It is officially recognized by the Monetary Authority of Singapore (MAS). This means that it is backed by the Singapore dollar.
Why This Move is a Major Milestone For Crypto Industry
This isn’t just another Coinbase listing announcement . This is the beginning of a new era for fiat-backed assets.
These assets are not just digital dollars; they represent a move towards a more stable, efficient, and easily accessible financial system.
Cross-border payments have always been slow, expensive, and affected by foreign exchange changes. However, this Coinbase listing AUDD and XSGD offers a faster, cheaper, and more efficient option for both businesses and individuals.
AUDD Launch and XSGD Stablecoins Impact on the Global Payments
Pegged-cryptocurrency is becoming a major part of the financial world.
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As of June 2025, the market cap of pegged-crypto has surpassed $250B, showing a 50% increase year over year.
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As the market continues to grow, experts believe this market could reach a value of $2 trillion soon. Some even think that it could be used for over $100 trillion in transactions each year by 2030.
The launch of local currency assets like these will make cross-border payments much easier and help more people use stablecoins within their own local economies.
A recent survey by Ipsos showed that more than 70% of cryptocurrency owners in Singapore and Australia are interested in using local currency assets.
This strong interest shows just how much people in these countries want a seamless and stable digital payment solution.
The Bigger Picture: Why Coinbase Local Currency Stablecoins Matter?
In conclusion, Coinbase listing AUDD and XSGD stablecoins is a revolutionary step in the crypto market. While most of the world’s digital money today is USD-denominated, about 60% of global currency reserves are dollar assets.
With local currency pegged-crypto is emerging as a viable alternative to the dollar-backed stablecoins, the opportunity for these assets to serve as a true alternative in global payments is massive.
So, whether you're a business owner or a crypto enthusiast, the debut bring an exciting chance to use your local currency for transactions while staying ahead in the digital world.
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