What is Macropod?

Macropod is a stablecoin known as AUDM, which is pegged 1:1 to the Australian dollar. Each AUDM token is backed by one Australian dollar held in segregated trust accounts at a major Australian bank. The stablecoin was launched in October 2025 as a joint venture between MHC Digital Group and Catena Digital. Macropod is notable for being the first stablecoin issuer to obtain an Australian Financial Services Licence from ASIC, which ensures regulatory compliance.

The primary use case of AUDM is to facilitate seamless digital transactions, promoting efficient and low-cost exchanges in a cashless economy. The governance model and technical architecture details are centered around maintaining the currency's peg to the Australian dollar through secure backing. The project aims to cater to the demands of digital finance within Australia.