AU Dollar Token
AUD Token is a stablecoin backed by Australian dollars, held in a licensed bank account controlled by the issuer. Tokens are minted programmatically by a smart contract as funds are received from customers to the bank account, and can be redeemed for dollars sent to an Australian bank account by the same process in reverse. AUDT are hosted on the Ethereum blockchain.
What is AU Dollar Token?
1.000000 AU Dollar Token = 1 Australian Dollar (AUD)
|AUDT [AU Dollar Token]||AUD [Australian Dollar]|
|0.01 AU Dollar Token||=||0.0100 Australian Dollar|
|0.1 AU Dollar Token||=||0.1000 Australian Dollar|
|1 AU Dollar Token||=||1.0000 Australian Dollar|
|2 AU Dollar Token||=||2.0000 Australian Dollar|
|3 AU Dollar Token||=||3.0000 Australian Dollar|
|5 AU Dollar Token||=||5.0000 Australian Dollar|
|10 AU Dollar Token||=||10.0000 Australian Dollar|
|20 AU Dollar Token||=||20.0000 Australian Dollar|
|50 AU Dollar Token||=||50.0000 Australian Dollar|
|100 AU Dollar Token||=||100.0000 Australian Dollar|
|1000 AU Dollar Token||=||1000.0000 Australian Dollar|