Launching globally on September 29 at 19:00 UTC, these assets mark the first Australian dollar and Singapore dollar stablecoins available on the platform.
Stablecoins are digital tokens pegged to traditional currencies, offering a faster, cheaper, and more reliable alternative to standard bank transfers.
Why AUDD and XSGD Matter
The addition of AUDD and XSGD aligns with broader trends in digital payments and cross-border finance. Stablecoins are increasingly becoming the backbone of the global payments system, supporting quicker and more cost-effective transfers. For example, companies like Circle have demonstrated that USD Coin (USDC) can settle payments internationally in minutes, compared with days using traditional wire transfers.
Local stablecoins also support the growth of on-chain commerce. Users can now hold, send, or pay in AUDD or XSGD without exposure to exchange rate volatility, opening doors for e-commerce, payroll, and microtransactions. This functionality is central to Coinbase’s mission to bring 1 billion people into the crypto ecosystem. This will make stablecoins accessible and practical in everyday financial life.
Coinbase is listing two new local stablecoins:
🇦🇺 AUDD
🇸🇬 XSGDLocal stablecoins will drive local crypto business growth and help to onboard many more new people to crypto. pic.twitter.com/ZFDX1y4A5O
— Brian Armstrong (@brian_armstrong) September 24, 2025
By offering assets tied to local fiat, Coinbase is empowering users to engage with crypto on familiar terms while participating in the global blockchain economy. As businesses increasingly explore crypto for payments, payroll, and treasury management, AUDD and XSGD provide practical tools for integrating blockchain into daily operations.
More about Coinbase
Coinbase emphasized that the traditional financial system wasn’t designed for the digital age. Their goal is to build a new financial system that is onchain, open, and accessible to everyone. To achieve this, Coinbase is partnering with Base and Y Combinator to support founders. They Would be bold enough to develop the next generation of financial infrastructure and decentralized applications.
The financial system wasn’t built for the internet.
So we’re building a new one – onchain, open, and for everyone.
And we’re not doing it alone: @base + @ycombinator want to support the founders bold enough to build what comes next. pic.twitter.com/eiVNHhhm1X
— Coinbase 🛡️ (@coinbase) September 23, 2025
This initiative aims to provide resources, mentorship, and funding to entrepreneurs pushing the boundaries of Web3 and blockchain technology.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post Coinbase Adds First AUD and SGD Stablecoins appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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