Hedera's Major Milestone | Coinbase Welcomes AUDD and XSGD Stablecoins
Coinbase's recent addition of AUDD and XSGD stablecoins marks a pivotal moment for Hedera. Launched in September 2025, this decision aims to enhance transaction efficiency across the Asia-Pacific region, drawing mixed reactions from the community.
What’s New in the Community?
Some commenters questioned the listing’s validity. One pointed out a lack of evidence regarding Bittrex's previous support for XSGD on the Hedera network, stating, "I found no credible record" Additionally, doubts were raised about if the coins will indeed operate on Hedera, with a comment that observed, "Everything I’ve seen has this running on ETH and BASE." These discussions highlight community uncertainty about the operational specifics of these listings.
Stability in Focus
AUDD was introduced in June 2025, serving as Hedera's first commercial use through its Stablecoin Studio, aiming at programmable finance for institutions. XSGD, compliant with Singapore's Monetary Authority (MAS), has been in service since 2023, enabling cross-border settlements.
Curiously, these local stablecoins aim to connect fiat with cryptocurrency, potentially attracting millions into the digital finance sector. A community member remarked on the functionality of such stablecoins, noting, "These stablecoins reside natively on other networks and are fairly chain agnostic."
Responses from the Crowds
Reactions from the crypto community vary widely:
Positive: Many view this move as a significant step towards adopting digital currency.
Cautious: Concerns linger regarding system reliability and the immediate utility of the stablecoins.
Skeptical: Users urge scrutiny over how effectively Hedera features will be leveraged by Coinbase.
"This sets a dangerous precedent," noted one voice in the forum, reflecting worries about the impact on stability and usability.
Key Insights
🚀 Both AUDD and XSGD could expand the reach of DeFi and remittances in the Asia-Pacific region.
❓ Doubts have been raised about whether these stablecoins fully capitalize on Hedera’s technology.
🔍 "Coinbase doesn't have to use Hedera to offer these coins," echoed a community member, calling for further analysis.
As the cryptocurrency landscape shifts, the role of stablecoins may redefine transaction norms across Asia. Will these latest additions solidify Hedera's market standing? Only time can tell.
Future Perspectives on Stablecoin Adoption
Experts predict a surge of institutional interest surrounding AUDD and XSGD. As businesses pursue more efficient ways to manage cross-border transactions, there is a projected 70% chance these stablecoins will integrate within financial frameworks in the region.
However, persistent technical challenges and community concerns could potentially dampen this optimism, suggesting a 30% chance of short-term value instability.
Lessons Learned: Credit Card Comparisons
This scenario bears a resemblance to the skepticism seen in the early days of credit cards during the 1960s, where concerns about security mirrored today's hesitance toward stablecoins. Boosted by safeguarded transaction methods, credit cards gradually gained acceptance—a path stablecoins might mirror in shaping how individuals transact with cryptocurrencies and fiat currencies alike.