Base settles Australia’s first retail payment in AUD stablecoin
A Sydney restaurant has made history by accepting Australia's first retail payment using an AUD stablecoin. The transaction, completed on Coinbase's Base network, bypassed traditional payment systems entirely. This development highlights Australia's growing regulatory support for stablecoins and their potential to streamline payment processes.
- ▪The payment was made using AUDD, a stablecoin pegged to the Australian dollar.
- ▪The transaction settled in seconds without involving Visa or Mastercard.
- ▪AUDC Pty Ltd, the issuer of AUDD, holds an Australian Financial Services Licence.
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Base settles Australia’s first retail payment in AUD stablecoin A Sydney takeaway restaurant just became the testing ground for on-chain payments that bypass Visa entirely. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Someone bought Malaysian food in Sydney on May 21 and accidentally made Australian financial history.
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