Coinbase stablecoin launch has just announced a major leap forward in the world of crypto—listing two local currency stablecoins: AUDD and XSGD.
Coinbase listing AUDD and XSGD stablecoins on September 29, 2025, at 19:00 (UTC) will completely change how people and businesses make payments, as per Wu Blockchain latest X post.

Here’s why you need to know about these exciting developments and how they’ll affect the way you use cryptocurrency.
The exchange is stepping up its game with the introduction of two fully fiat-backed stablecoin that will change how we think about money. Here’s a breakdown of each coin:

AUDD (Australian Dollar): It is a stablecoin issued by AUDC Pty Ltd. It is fully backed by fiat money, you can exchange token 1:1 for Australian dollars.
XSGD Stablecoin Listing (Singapore Dollar Stablecoin): It is a fiat-backed stablecoin issued by StraitsX. It is officially recognized by the Monetary Authority of Singapore (MAS). This means that it is backed by the Singapore dollar.
This isn’t just another Coinbase listing announcement. This is the beginning of a new era for fiat-backed assets.
These assets are not just digital dollars; they represent a move towards a more stable, efficient, and easily accessible financial system.
Cross-border payments have always been slow, expensive, and affected by foreign exchange changes. However, this Coinbase listing AUDD and XSGD offers a faster, cheaper, and more efficient option for both businesses and individuals.
Pegged-cryptocurrency is becoming a major part of the financial world.
As of June 2025, the market cap of pegged-crypto has surpassed $250B, showing a 50% increase year over year.
As the market continues to grow, experts believe this market could reach a value of $2 trillion soon. Some even think that it could be used for over $100 trillion in transactions each year by 2030.
The launch of local currency assets like these will make cross-border payments much easier and help more people use stablecoins within their own local economies.
A recent survey by Ipsos showed that more than 70% of cryptocurrency owners in Singapore and Australia are interested in using local currency assets.
This strong interest shows just how much people in these countries want a seamless and stable digital payment solution.
In conclusion, Coinbase listing AUDD and XSGD stablecoins is a revolutionary step in the crypto market. While most of the world’s digital money today is USD-denominated, about 60% of global currency reserves are dollar assets.
With local currency pegged-crypto is emerging as a viable alternative to the dollar-backed stablecoins, the opportunity for these assets to serve as a true alternative in global payments is massive.
So, whether you're a business owner or a crypto enthusiast, the debut bring an exciting chance to use your local currency for transactions while staying ahead in the digital world.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.