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According to Crowdfundinsider, custodian Zodia Custody announced support for custody services for the Australian dollar stablecoin AUDM, offering cold storage solutions, and claimed to be the first global custodian supporting an Australian licensed stablecoin. AUDM is issued by Macropod, which holds an Australian Financial Services License (AFSL), and claims to be 1:1 backed by Australian dollars; Macropod previously participated in the Reserve Bank of Australia's Project Acacia pilot, and AUDM is now listed on the Australian exchange Independent Reserve.