Zodia Custody has become the first global custodian to offer custody support for AUDM, the Australian dollar-backed stablecoin issued by Macropod, Australia’s first licensed stablecoin provider.
The move provides institutional clients with access to what Zodia describes as a new programmable settlement asset emerging within Australia’s digital economy, designed for use across both traditional financial markets and crypto-native applications.
Under the arrangement, clients can hold AUDM within Zodia Custody’s cold-storage infrastructure, with the firm citing institutional-grade security controls and regulatory safeguards as key requirements for large-scale participation.
AUDM is designed to support tokenised payments, on-chain financial instruments and cross-border transactions, positioning it as a potential building block for future market infrastructure.
Macropod recently became the first stablecoin issuer in Australia to secure an Australian Financial Services Licence and announced its first exchange listing on Independent Reserve, following its participation in the Reserve Bank of Australia’s Project Acacia.
Ryan Hodges, managing director, Australia at Zodia Custody, said: “By becoming the first custodian to support Australia’s first regulated stablecoin, we are providing institutions with the infrastructure they need to confidently participate in the evolution of programmable finance, enabling real-time settlement, tokenised cash instruments, and capital-efficient treasury operations.”
Zodia Custody also said the partnership strengthens its presence in the Asia-Pacific region and aligns with its focus on supporting compliant digital asset innovation for institutional clients.