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Forte AUDAUDF

Forte AUDAUDF

Launch dateJan 10, 2024

Forte AUD (AUDF) is a Australian Dollar stablecoin issued by Forte Tech Solutions through Forte Securities Australia Pty Limited. Each token is redeemable one-for-one for Australian Dollar and is a direct claim on the issuer. Reserves are held in accounts segregated from the issuer's own funds. Custody of the reserves rests with Forte Securities Australia Pty Ltd. Retail investors and professional investors can mint and redeem directly with Forte Tech Solutions in AUD after completing KYC, and holders have a contractual right to redeem at par. Forte Securities Australia Pty Limited is incorporated in Australia and is supervised by the Australian Securities and Investments Commission. Holder terms are governed by the law of New South Wales in Australia. AUDF has been issued on public blockchains since January 2024 and is native to Ethereum and Avalanche.

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