Macropod (AUDM) is a fiat-backed Australian dollar stablecoin. It has about $1.5M in circulation, ranking #197 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
What is AUDM?
Macropod (AUDM) is a fiat-backed Australian dollar stablecoin. It has about $1.5M in circulation, ranking #197 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
In the issuer's words: Australia’s first licensed stablecoin issuer, the birthplace of Aussie dollar-pegged AUDM and built for real-world payments.
AUDM supply history
AUDM supply fell 7.2% over the past 30 days, to $1.5M. Its peak was $4.0M in June 2026, and supply is 63% below that high.
Is AUDM holding its peg?
AUDM 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 AUDM lives: supply by blockchain
Supply is concentrated: Ethereum holds 98% of all AUDM. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How AUDM is backed
Each AUDM 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: AUDM each fully backed by AUD reserves safeguarded in a trust account with a Big 4 Australian bank.
AUDM 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 $1.5M 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 AUDM traded at A$0.9941 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.
AUDM vs USDT and USDC
Similar fiat-backed stablecoins
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AUDM FAQ
What is AUDM?
Macropod (AUDM) is a fiat-backed Australian dollar stablecoin. It has about $1.5M in circulation, ranking #197 among the stablecoins CoinScoop tracks, and runs on 3 blockchains.
Is AUDM pegged 1:1 to the australian dollar?
AUDM targets 1 AUD. At the last update it traded at A$0.9941, a deviation of -0.59%, which we classify as "slightly off peg".
What backs AUDM?
AUDM is a fiat-backed stablecoin. Each AUDM 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 AUDM on?
AUDM is live on 3 blockchains. The largest by supply are Ethereum ($2.1M), Redbelly ($36K), Solana ($2K).
How much AUDM is in circulation?
About $1.5M of AUDM was in circulation at the last update, -7.2% over 30 days. That makes it the #197 stablecoin by supply among those we track.
Is AUDM safe?
No stablecoin is risk-free. As a fiat-backed design, AUDM'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.