IDA & AUDC Partner to Launch Stablecoin-Based Trade Initiative for Hong Kong-Australia

Hong Kong-based fintech company IDA and AUDC Pty Ltd have announced a strategic partnership to launch a cross-border trade initiative powered by a Hong Kong-Australia stablecoin. This collaboration aims to streamline trade between Hong Kong and Australia, offering faster, more transparent, and cost-effective payment systems. The initiative leverages the strong trade ties established under the Australia-Hong Kong Free Trade Agreement (A-HKFTA), which underscores Hong Kong’s autonomy within the ‘One Country, Two Systems’ framework.