XDC’s approach is transforming how cross-border payments work between Australia and the United States, a corridor that has long been a pain point for businesses. High bank fees, slow processing times, and limited transparency often make even simple international transactions feel complicated and costly — but according to XDC Network, that could be about to change.
The blockchain platform has just launched a new AUDD–USDC liquidity pool on Curve Finance, designed to dramatically speed up and simplify trade settlement between Australia and the U.S. To understand why this matters, we spoke with Sean White, Business Development and Ecosystem Manager at XDC Network Australia, about how this move could reshape the future of cross-border payments.
Why this matters for businesses right now
Traditionally, Australian companies sending money to U.S. partners must deal with settlement times of four to five days and fees that can range from 3% to 7%. In a world where business moves fast, that delay can hurt cash flow and slow down operations.
Sean White believes businesses are no longer willing to accept that status quo.
“Cross-border payments are at an inflection point,” he said. “When the technology exists to move money in minutes, waiting days and paying high fees just doesn’t make sense anymore.”
The new AUDD–USDC pool gives businesses a direct, on-chain route to settle between Australian dollars and U.S. dollars, cutting out many of the inefficiencies built into traditional banking systems.
How XDC speeds things up
In simple terms, banks rely on multiple intermediaries and batch processing. Each step adds time, cost, and complexity.
XDC takes a different approach. On its network, value moves directly on the blockchain. AUDD represents a fully backed digital version of the Australian dollar, while USDC does the same for the U.S. dollar. The Curve liquidity pool connects the two, allowing for near-instant conversion with very low slippage.
Instead of money hopping between correspondent banks across time zones, settlement happens directly at the blockchain layer — which is where the biggest time and cost savings come from.
Growing demand in Australia
The timing also appears to be right. The IMF has highlighted the Asia-Pacific region as a global leader in digital currency adoption, and Australia is no exception.
White says early interest is coming from exporters, payment providers, and trade finance platforms. Even though the pool is newly launched, businesses are already exploring it for settling trade invoices, managing treasury operations, and paying overseas suppliers.
Over $1 billion in recent transactions
XDC’s U.S. dollar-based infrastructure has reportedly processed more than $1 billion in transactions over the past 90 days. According to White, this track record gives the network a clear edge over traditional correspondent banking.
“With blockchain settlement, you remove hidden fees, time zone delays, and reconciliation headaches,” he explained.
On the regulatory side, XDC is built with institutions in mind. The network is ISO 20022-compliant and designed to work alongside existing financial messaging standards. Security is handled at both the protocol and enterprise infrastructure levels, making it suitable for large-scale commercial use.
Building a global trade settlement network
AUDD is already being used in live trade initiatives across Asia and the Middle East, including markets like Hong Kong, Singapore, and the UAE. Expanding into the Australia–U.S. corridor adds scale and global relevance to that progress.
Once multiple trade corridors are linked through shared on-chain liquidity, White sees the possibility of a truly interconnected global settlement network — rather than isolated, one-off systems.
What SMEs can do today
Small and medium-sized businesses often feel cross-border costs the most. White advises starting by working with payment providers or platforms already integrated with XDC.
From there, businesses can use stablecoins like AUDD to settle invoices, move treasury funds, or finance trade — without needing to overhaul their internal systems.
XDC’s bigger ambition
For XDC Network, this launch is about more than just one trading pair.
“It shows we’re focused on real-world adoption, not theory,” White said. “Stablecoins are becoming the default rails for cross-border payments, and we want XDC to be the blockchain layer that regulated institutions can actually use.”
With this move, XDC is clearly aiming to modernise trade and payment infrastructure — starting in the Asia-Pacific region, but with global reach firmly in mind.
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