Settlement
Settled in AUD stablecoins.
MilyPay is stablecoin-agnostic. Agents pay for Australian data and settle in a regulated, AUD-denominated stablecoin - no bridging through USD, no FX. AUDD is live today; as new AUD stables reach Solana, MilyPay routes to them automatically.
AUD-native, not USD-bridged
x402 runs on USDC by default. AUD stables remove the FX round-trip for Australian builders, users, and agents.
Regulated & reserved
Issued under Australian licences (AFSL / standalone stablecoin licences), 1:1 backed - the compliance agents need to transact.
One rail, many issuers
MilyPay abstracts the asset. Price in AUD; settle in whichever AUD stablecoin the counterparty holds.
The AUD stablecoin landscape.
A living reference. MilyPay supports regulated AUD stables as they become available on Solana - this list grows as the market does.
The market leader and first AUD stablecoin listed on Coinbase. Fully reserved 1:1 via bare trust. MilyPay's default settlement asset today, via the PayAI facilitator.
- Issuer
- AUDC Pty Ltd
- Regulatory
- AFSL-licensed (ASIC, Feb 2026)
- Chains
- Ethereum, Solana, Stellar, XRPL, Base, Hedera, XDC, Redbelly
- On Solana
- Live
Built for settlement infrastructure, tokenised assets, and wholesale markets. MilyPay will route to AUDM for agents once it lands on Solana.
- Issuer
- Macropod
- Regulatory
- Australia's first standalone stablecoin licence (ASIC, Sep 2025)
- Chains
- Ethereum, Redbelly (Solana & Sui planned)
- On Solana
- Planned
A decentralized, on-chain AUD unit for trust-minimised settlement. Forward-looking - MilyPay tracks dAUD as the decentralized complement to regulated issuers.
- Issuer
- On-chain / DeFi-native
- Regulatory
- Protocol-governed
- Chains
- Emerging
- On Solana
- Emerging
The first AUD-backed stablecoin minted by an Australian bank (2022), used for institutional tokenised-asset settlement. Included for completeness.
- Issuer
- ANZ Bank
- Regulatory
- Bank-issued
- Chains
- Ethereum
- On Solana
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Informational only - not financial advice or an endorsement of any issuer. AUDN (NAB) is omitted as discontinued. Details current as of mid-2026 and subject to change; new AUD stablecoins will be added as they launch. MilyPay provides settlement and data services, not currency issuance.
Issue an AUD stablecoin? Let’s get it on the agent rail.
MilyPay is the AUD-native settlement layer for x402. If you want your stablecoin routable by agents across the Pay.sh catalog, talk to us.