Forte AUD (AUDF) is Australia’s native stablecoin, pegged 1:1 to the Australian Dollar (AUD). Issued by Forte Securities Australia Pty Ltd (FSA), an AFSL-licensed entity (AFSL No. 492490), AUDF combines the stability of the Australian Dollar with the speed and programmability of blockchain technology. Built on EVM-compatible chains including Ethereum, Avalanche, Polygon, Base, and Redbelly, AUDF is designed for digital payments, cross-border remittances, trading, and DeFi applications — operating 24 hours a day, 7 days a week.

Key Features

  • AUD-Pegged Stability: Backed 1:1 with Australian Dollar reserves held in a segregated bank account, minimising crypto volatility for traders and users.
  • Multi-Chain Support: Available on Ethereum, Avalanche, Polygon, Base, and Redbelly, with additional networks planned, enabling broad DeFi and exchange interoperability.
  • Transparent Reserves: Quarterly third-party audits by an independent auditor verify that all tokens in circulation are fully backed, with reports publicly available.
  • Regulated Issuer: Issued under an Australian Financial Services Licence (AFSL No. 492490) and operated by Forte Tech Solutions Pty Ltd, registered with AUSTRAC as a VASP (DCE100788879-001) and Independent Remittance Dealer (IND100788879-004).
  • Smart Contract Security: Smart contracts audited by SourceHat and Hashlock, built on the OpenZeppelin (v4.9.3) library, with multi-sig authorisation for all mint and burn transactions.

AUDF Token

  • Purpose: Used for crypto trading pairs, digital payments, cross-border remittances, DeFi collateral, and as a stable value store within the Australian crypto ecosystem.
  • Supply: Circulating supply of approximately 4.1 million AUDF, issued on demand against AUD reserves. No fixed maximum supply.
  • Contract Address (EVM Blockchains): 0xd2a530170D71a9Cfe1651Fb468E2B98F7Ed7456b

Who Are the Founders of Forte AUD?

Forte AUD is issued by Forte Securities Australia Pty Ltd (FSA), a proprietary limited company established in 2017, incorporated in Australia (ACN: 614 579 734). The operational entity, Forte Tech Solutions Pty Ltd (FTS), was established in 2021 (ACN: 656 181 065). Together, FSA and FTS form the Forte group, headquartered in Australia. Forte’s mission is to bridge traditional finance and cryptocurrency by embedding the reliability of conventional financial systems into digital assets.

What Makes Forte AUD Unique?

Forte AUD stands out as the leading Australian Dollar stablecoin:

  • On-Chain AUD: AUDF enables users to go on-chain in Australian dollars, removing the need to convert to USD-denominated stablecoins and preserving native AUD exposure across DeFi and crypto markets.
  • Segregated Reserves: AUD reserves are held in a segregated bank account by FSA as custodian and issuer — FSA is the sole entity authorised to mint and redeem AUDF, providing a clean and auditable issuance model.
  • Multi-Sig Governance: Every mint and burn transaction requires authorisation from two separate individuals within FSA, enforcing strict segregation of duties and reducing fraud and key-person risk.
  • EVM Interoperability: The ERC-20 token standard ensures seamless integration across decentralised applications, DEXs, and wallets across all supported EVM chains.

AUDF Network & Ecosystem Updates (2024–2026)

  • Base Chain Launch: AUDF expanded to Coinbase’s Base blockchain, extending reach into a rapidly growing EVM ecosystem.
  • Redbelly Integration: AUDF became available on Redbelly Network, an Australian-founded blockchain, deepening domestic blockchain alignment.
  • Smart Contract Re-Audit: Smart contracts were re-audited by both SourceHat and Hashlock, reinforcing security as chain support expanded.
  • Product Disclosure Statement: FSA published an AFSL-backed Product Disclosure Statement (PDS) and Target Market Determination (TMD) in January 2026, aligning AUDF with Australian financial product obligations.

How Is AUDF Secured?

Forte AUD is secured through a layered approach combining legal, operational, and technical controls:

  • Fiat Reserves: Every AUDF in circulation is backed 1:1 by Australian dollars held in a segregated bank account by FSA. Internal reserve checks are conducted daily.
  • Quarterly Independent Audits: An independent auditor reviews and publicly reports reserve holdings against on-chain token supply each quarter, with reports available on the Forte AUD website.
  • Smart Contract Audits: Contracts are built on OpenZeppelin (v4.9.3) and have been independently audited by SourceHat and Hashlock.
  • Multi-Sig Authorisation: Minting and burning AUDF requires dual authorisation within FSA. Dealing wallet access is held by a separate set of users to those with mint/burn authority, preventing single-point compromise.
  • Regulatory Oversight: FSA holds AFSL No. 492490, regulated by ASIC. FTS is registered with AUSTRAC under both DCE and Independent Remittance Dealer frameworks, ensuring AML/CTF compliance.
  • Multi-Chain Security: AUDF leverages the underlying security of host blockchains, including Ethereum’s Proof-of-Stake consensus and Avalanche’s Snowman protocol.

Conclusion

Forte AUD (AUDF) is Australia’s premier AUD-backed stablecoin, combining the stability of the Australian Dollar with the speed, transparency, and programmability of blockchain technology. Issued under an AFSL by a regulated Australian entity, with quarterly independent reserve audits, multi-sig smart contract controls, and growing exchange and chain availability, AUDF represents a secure and compliant digital dollar for Australian traders, institutions, and remittance users. As Australia’s digital asset infrastructure matures, AUDF is positioned as a core building block for AUD liquidity on-chain.