Forte AUD (AUDF) is a fiat-backed Australian dollar stablecoin. It has about $2.8M in circulation, ranking #177 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
What is AUDF?
Forte AUD (AUDF) is a fiat-backed Australian dollar stablecoin. It has about $2.8M in circulation, ranking #177 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
In the issuer's words: AUDF is a digital Australian Dollar stablecoin issued by Forte Securities Australia, pegged 1:1 to the Australian Dollar and fully backed by AUD reserves.
AUDF supply history
AUDF supply grew 12.4% over the past 30 days, to $2.8M. Its peak was $4.0M in October 2026, and supply is 30% below that high.
Is AUDF holding its peg?
AUDF is trading 0.5–2% from its target. Small coins often drift like this on thin markets. A gap that persists usually reflects redemption friction or doubts about the backing.
Where AUDF lives: supply by blockchain
Supply is concentrated: Ethereum holds 99% of all AUDF. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How AUDF is backed
Each AUDF is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Minting and redemption: Users deposit AUD to mint AUDF 1:1 and can redeem AUDF back to AUD in their bank account, with issuance and redemption available 24/7.
AUDF risks
Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
With $2.8M in circulation, exiting a large position may move the price. Redemption may be limited to approved customers.
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
At the last update AUDF traded at A$1.0119 against a target of 1.
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
AUDF vs USDT and USDC
Similar fiat-backed stablecoins
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AUDF FAQ
What is AUDF?
Forte AUD (AUDF) is a fiat-backed Australian dollar stablecoin. It has about $2.8M in circulation, ranking #177 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
Is AUDF pegged 1:1 to the australian dollar?
AUDF targets 1 AUD. At the last update it traded at A$1.0119, a deviation of +1.19%, which we classify as "slightly off peg".
What backs AUDF?
AUDF is a fiat-backed stablecoin. Each AUDF is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Which blockchains is AUDF on?
AUDF is live on 2 blockchains. The largest by supply are Ethereum ($3.3M), Redbelly ($35K).
How much AUDF is in circulation?
About $2.8M of AUDF was in circulation at the last update, +12.4% over 30 days. That makes it the #177 stablecoin by supply among those we track.
Is AUDF safe?
No stablecoin is risk-free. As a fiat-backed design, AUDF's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. Its supply is small, so liquidity can be thin. It currently shows "slightly off peg" on our peg monitor. This page is information, not investment advice.