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Australia grants AFSL status to AUDC. This allows AUDD to be regulated on the XRPL.
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Australian regulators are excited about the new regulatory developments in Australia.
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Despite community optimism, the price of XRP has remained below $1.45.
XRP members are excited by a regulatory milestone in Australia which allows the operation of a regulated dollar on the XRPL.
The Australian regulatory milestone
According to reports, Australia officially approved an Australian Financial Services Licence for AUDC Private Ltd. The approval transforms the AUDD into a fully regulated payment instrument of institutional grade. The latest development allows major Australian banks to issue, hold and use a digital Australian Dollar for payments that operate on the XRP Ledger.
Several XRP fans commenting on the event deem it significant. They believe it marks an official entry of the digital asset in the Australian regulated Financial System, which will enable licensed institutions to use digital AUD for payments on the XRPL.
The approval was granted originally on February 10, 2026. However, the development has recently gained attention, sparking a renewed discussion among XRP members who see it as a regulatory victory.
What XRP users Expect
XRP’s prices remained subdued despite the positive sentiment expressed by some members of the community. The cryptocurrency traded below $1.45 resistance and maintained a trend in line with the overall crypto market outlook. Users believe that the current situation is temporary. They believe that AUDD users will migrate to XRPL and create significant demand, changing XRP’s fortunes.
Experts expect that the latest development in Australia will remove any legal ambiguity around the AUDD stablecoin, enable balance-sheet holding, and unlock cases of domestic settlement. A regulated AUDD is now interoperable with XRPL and can operate without any strings attached.
Related: Australia Flags Cyber Oversight Gaps In 2026 Risk Assessment
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