IDA & AUDC Launch Cross-Border Trade Initiative Using Hong Kong-Australia Stablecoin

Hong Kong-based fintech company IDA and AUDC Pty Ltd have announced a partnership to launch a new stablecoin-powered cross-border trade initiative. This collaboration aims to modernize trade between Hong Kong and Australia, offering faster, more transparent, and cost-effective payment systems. The initiative leverages the strong trade relationship fostered under the Australia-Hong Kong Free Trade Agreement (A-HKFTA), leveraging Hong Kong’s role as a key gateway connecting mainland China to the global market.