Macropod Price in AUD: Live AUDM Price & Trends

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Macropod price calculator

Use the Macropod price calculator to convert prices for AUDM trading pairs and for all markets on the BTC Markets exchange.

About Macropod (AUDM)

AUDM is an AUD-pegged stablecoin issued by Macropod Global, an Australian digital asset infrastructure provider. It is the first stablecoin issued under an Australian Financial Services Licence (AFSL 566313). The issuer states that each AUDM is intended to be maintained at a 1:1 ratio with AUD, with reserves held in trust to support fiat redemption. AUDM is an ERC-20 token on Ethereum, using contracts based on audited OpenZeppelin standards. Macropod is registered with AUSTRAC as a digital currency exchange (DCE100887005-001) and builds compliant, enterprise-ready systems to support trusted on-chain settlement and payments. Macropod Global is a trading name of Catena Digital Pty Ltd (ABN 81 670 788 324).

Using Macropod (AUDM) price information

The live chart above shows the latest AUDM price movements in Australian dollars (AUD). As a stablecoin, AUDM is designed to maintain a value aligned with the Australian dollar, though minor fluctuations may occur depending on market conditions and liquidity. Monitoring trading activity and liquidity can help traders understand short-term price movements.

Frequently asked questions

How is the price of AUDM determined?

AUDM is designed to track the Australian dollar. Its exchange price is influenced by supply and demand on crypto markets, liquidity conditions, and overall market activity.

How is the supply of AUDM managed, and what is the total supply limit?

AUDM supply adjusts based on issuance and redemption activity. Tokens are issued when Australian dollars are transferred to the issuer to mint AUDM tokens and redeemed when converted back to fiat, subject to issuer terms and conditions.