Forteaud

Forteaud refers to AUDF, the Australian dollar stablecoin issued by Forte Tech Solutions, backed one to one by Australian dollar cash and cash equivalents, with minting and redemption conditional on funds actually arriving rather than pre-minting or issuing on credit. It addresses onchain usability of the Australian dollar, which has largely stayed inside the banking system while cross-border flows detour through the US dollar. AUDF is natively deployed on Ethereum, Polygon and Avalanche among others for settlement and conversion, and the issuer also runs a round-the-clock over-the-counter desk for two-way fiat and stablecoin exchange.

It is one of two stablecoins formally acknowledged under the Australian Securities and Investments Commission framework and the first licensed Australian dollar stablecoin listed on a local centralised exchange; in 2025 it accounted for 99 percent of AUD-backed stablecoin volume, with average monthly turnover of about 200 million Australian dollars since January 2024. Onchain data shows monthly transfer volume near 537 million dollars against a circulating value of roughly 3.5 million dollars. It is an AUD-denominated settlement rail for cross-border commerce, remittance and local merchant acceptance.