Overview

• The relief lets intermediaries distribute stablecoins issued by AFS‑licensed providers without separate AFS, market or clearing facility licences.
• It takes legal effect upon registration on the Federal Register of Legislation.
• Catena Digital’s Australian dollar stablecoin (AUDM/AUDMA) is the first named product to qualify.
• Intermediaries must provide the issuer’s Product Disclosure Statement to clients, and issuers retain disclosure and prudential obligations.
• ASIC signaled potential extensions to additional AFS‑licensed issuers, set an expiry of June 1, 2028, and plans updated INFO 225 guidance alongside Treasury’s broader reforms.