Macropod lists Australian-dollar stablecoin AUDM on OKX

Macropod has listed its Australian-dollar stablecoin, AUDM, on OKX Australia.

The move gives the token its first listing on a major exchange platform.

Macropod describes AUDM as Australia's first Australian-dollar stablecoin issued under an Australian Financial Services Licence. The listing gives retail, business and institutional users another venue to access the token for trading, payments and settlement.

The development expands Macropod's distribution across trading venues as regulated digital assets face closer scrutiny from investors and policymakers. Stablecoins are designed to maintain a fixed value against an underlying currency, and Australian dollars back AUDM.

AUDM is already being used in live production settings for tokenised assets, payments and on-chain settlement across multiple networks. On OKX Australia, users will be able to trade AUDM and, where available, use it for functions including treasury management and settlement.

Market access

The listing also reunites executives who previously worked on stablecoin projects at National Australia Bank. Macropod Chief Executive Drew Bradford, Macropod Chief Technology Officer Robert Waugh and OKX Australia Chief Executive Kate Cooper were colleagues there in 202. They helped develop the bank's AUD-backed stablecoin initiative, AUDN.

According to the companies, the pilot enabled a major financial institution to execute a cross-border stablecoin transaction on a public layer-1 blockchain. They said the test reduced settlement times from days to minutes and used smart contracts across currencies, including USD, EUR, AUD and GBP.

Bradford said the new listing is intended to make it easier for users to move between traditional currency and digital tokens.

"Adding AUDM to OKX Australia is about giving Australians the ability to move between fiat and stablecoins in seconds, with confidence in the licensing and reserves behind every token. We are giving people the confidence that value moves where and when it should. That's the Macropod shift: from waiting and wondering to seeing and knowing. This is digital finance that actually works," said Drew Bradford, Chief Executive Officer, Macropod.

Payments focus

OKX Australia framed the listing around the use of stablecoins in cross-border transfers and foreign exchange. Cooper cited research by the Digital Finance Cooperative Research Centre and the Digital Economy Council of Australia, which estimated that cross-border payments and foreign exchange could represent an annual opportunity of A$7.2 billion within a broader A$24 billion digital finance market.

"Bringing AUDM to OKX Australia delivers our clients access to a regulated stablecoin they can rely on for trading, payments, and on-chain innovation. The DFCRC and DECA research released on 3 March 2026, Unlocking Australia's $24b Digital Finance Opportunity, identified cross-border payments and foreign exchange as the single largest opportunity in Australia's digital finance transition - up to $7.2 billion per year," said Kate Cooper, Chief Executive Officer, OKX Australia.

"AUDM is precisely the kind of regulated, production-ready infrastructure that can start capturing that opportunity today. Our users now have access to a regulated stablecoin they can rely on for institutional trading, payments and on-chain settlement to move value across borders with speed, security and confidence. This is digital finance moving from potential to reality - the kind of real-world utility that sets the standard for next-generation digital finance."

Australia's stablecoin market remains relatively small compared with the US dollar sector, where tokens such as Tether and USDC dominate trading volumes and settlement activity. But local issuers argue that a regulated Australian-dollar token could help businesses move funds more quickly across borders, particularly in wholesale markets and tokenised asset transactions.

Macropod operates as a digital asset infrastructure provider and is registered with AUSTRAC as a digital currency exchange. The company positions AUDM as a redeemable token for users seeking an Australian-dollar instrument on blockchain networks.

For OKX Australia, the addition broadens the local-currency options on its platform and may help it target users seeking a domestic stablecoin rather than offshore US-dollar products. The exchange says it serves customers trading digital assets across spot, futures and decentralised markets.

The listing comes as financial groups continue to test how tokenised deposits, stablecoins and blockchain settlement tools could reshape payments and capital markets infrastructure. Supporters argue these instruments can shorten settlement cycles and improve transparency, while critics continue to raise concerns about regulation, reserves and market structure.