- Australia grants AFSL to AUDC, enabling a regulated AUDD stablecoin on the XRPL.
- XRP users are excited about the regulatory development in Australia.
- The price of XRP stayed below $1.45 despite community optimism.
XRP community members are excited about a regulatory landmark in Australia that allows the operation of a regulated digital dollar on the XRPL.
A Regulatory Milestone in Australia
According to reports, Australia has officially approved an Australian Financial Services Licence (AFSL) for AUDC Private Ltd. The approval turns the AUDD stablecoin into a fully regulated, institutional-grade payment instrument. The latest development will allow major Australian banks to legally issue, hold, and use a digital Australian dollar for payments operating on the XRP Ledger (XRPL).
Several XRP supporters commenting on the event consider it significant; they believe it marks the official entrance of the digital asset into the Australian regulated financial system, which will allow licensed institutions to use digital AUD on the XRPL for payments.
The approval was originally granted on February 10, 2026, but the development has recently regained attention, sparking renewed discussion among XRP community members who view it as a regulatory win.
What XRP Users Expect
Notably, XRP’s price remained subdued despite positive sentiment among some community members. The cryptocurrency traded below the $1.45 resistance, maintaining a trend consistent with the broader crypto market outlook. However, users believe the present condition is only temporary. They are confident that AUDD stablecoin users will migrate to the XRPL, creating significant demand that would change XRP’s fortunes.
For context, experts expect the latest development in Australia to remove any legal ambiguity surrounding the AUDD stablecoin for tier-1 institutions, enable balance sheet holding, and unlock domestic settlement cases. Therefore, a regulated AUDD can now operate with no strings attached and be interoperable with the XRPL.
Related: Australia Flags Crypto Oversight Gaps in 2026 Risk Assessment
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