AUDC, the issuer of the AUDD Australian dollar stablecoin, has appointed two new senior executives to its leadership team, marking the company’s next phase of growth as it scales adoption of AUDD across institutional, payments and global markets.
AUDC has appointed Jason Beale as Head of Product & Operations and Hamish Crittenden as Chief Technology Officer, while also elevating Rachael Jones to the position of Head of Ecosystem and Strategic Initiatives.
The appointments strengthen the firm’s ability to scale its technology and platform infrastructure, develop new products and services within the institutional market and deepen its reach globally through partnerships and distribution.
Chief Executive Officer of AUDC, Effie Dimitropoulos, said the appointments reflect a deliberate focus on scale and execution, acknowledging the growth in stablecoin demand across all aspects of the financial services industry in Australia.
“Over the past few years, we have focused on building and proving the foundations of AUDD in the market. These appointments are about taking that foundation to the next level and scaling what is already working to enable more institutions to use stablecoins to modernise and improve their services,” Ms Dimitropoulos said.
“With deep experience across global payments networks, institutional markets and digital asset infrastructure, our growing team positions us to accelerate the adoption of AUDD across financial institutions, cross‑border payments and emerging tokenised asset markets.”
It comes as AUDC has this year received an Australian Financial Services Licence (AFSL), strengthening the firm’s role as a regulated and industry-leading issuer of Australian dollar digital payment instruments.
“This licence showcases our focus on building institutional-grade digital payment infrastructure, to accommodate the growing use of stablecoins across all aspects of everyday finance.”
Jason Beale joins as Head of Product and Operations, bringing more than 25 years of experience in capital markets, trading systems and building financial infrastructure, including at UBS. Beale will focus is on expanding institutional use cases and deepening AUDD’s integration with global financial markets, payment and settlement networks.
Hamish Crittenden joins as Chief Technology Officer, with more than 20 years of experience in building and commercialising fintech and blockchain platforms. Crittenden will lead the next phase of AUDC’s technology evolution, scaling an already live, multi-chain stablecoin platform to support institutional-grade adoption and global use cases.
Additionally, AUDC has also promoted Rachael Jones from Operations Lead to Head of Ecosystem & Strategic Initiatives, allowing both her and the firm to expand and scale their tier one partnership network globally. This includes leading firms such as Ripple, Coinbase and Circle, with Rachael responsible for activating and leveraging these relationships through ecosystem engagement and strategic programs such as the AUDDapt grant program to drive partner-led growth.
Since launching AUDD in market, AUDC has processed more than $1.5 billion in transaction volume, establishing AUDD as Australia’s leading stablecoin and a foundational piece of digital payments and settlement infrastructure.