AUDD is AUDC Pty Ltd's centralized Australian dollar stablecoin, redeemable 1:1 and backed by Australian-dollar reserves held on bare trust for holders. The static profile records its Australian Dollar peg mechanism as: 1:1 AUD redemption via distributors, with direct AUDC fallback when distributor redemption is unavailable, subject to KYC and a $10 minimum; monthly William Buck agreed-upon procedures reconcile reserves and multichain supply.

As of Oct 25, 2026, Pharos grades AUDD C (59/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found, and direct redemption is limited to customers the issuer has verified. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.

Pharos records AUDD's reserves as of Sep 30, 2026 as 83.3% AUD cash at Westpac under the AMAL Bare Trust and 16.7% AUD cash at Banking Circle (AUDC Reserve Account). Reserve evidence: Agreed-Upon Procedures by William Buck, latest period ending Sep 30, 2026. Pharos classifies the backing as Real-World Asset Backed.

Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.

Under the route Pharos reviewed on Mar 23, 2026, customers the issuer has verified can redeem AUDD for a single stable asset, such as cash or a stablecoin. Settlement is same-day. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.