Hong Kong, April 15, 2025 / PRNEWSWIRE /–ida, Fintech in Hong Kong, and Audc Pty Ltd, has announced strategic cooperation to launch a trade-out trade initiative in Hong Kong-Australia. This initiative aims to transform trade between Hong Kong and Australia by providing cross -border payment systems faster, more transparent and costly.
Based on the strong commercial relationship created under the Australia-Hong Kong (A-Hogfta), this cooperation reinforces the role of Hong Kong as a vital gate linking China the mainland of the world. The A-HKFTA agreement, which confirms the high degree of autonomy in Hong Kong in the “One Country, Two Systems”, provides a strong basis for this innovative initiative.
In 2023, a total commercial value of $ 5.3 billion amounted to[1]. Hong Kong total exports to Australia amounted to $ 3.4 billion, with the largest part of the goods that were restarted by China the mainland. Hong Kong imports from Australia in 2023 amounted to $ 1.9 billion in Australian goods, including agricultural products, seafood and beverages. In the future, Hong Kong aims to advance growth in emerging industries such as biomedical technology, green energy and financial technology.
Sean Leeand IDA co -founderHe stressed the importance of this partnership: “This cooperation depends on the progress made in bilateral trade relations. Recent diplomatic efforts between Hong Kong, China and Australia have reduced commercial barriers, creating an ideal environment for innovative solutions such as Stablecoins to update trade systems. Stablecoin technology is enhancing efficiency and opportunities to get rid of industries.
Evi Dimitropoulosand Audc Pty Ltd CEOShe expressed her enthusiasm for the initiative: “In Audc PTY LTD, our mission is to provide safe and compatible digital payment solutions to support global trade. Opening new growth opportunities for industries on both sides.”
HKTDC Research: https://research.hktdc.com/en/article/mzm0nde0otm3
About Ida Finance Hong Kong Limited (IDA)
IDA is the leading digital asset technology company that leads the Blockchain financing on a large scale and enables companies to integrate smoothly between Web2 and Web3.
IDA will operate the Stablecoin product that is designed to lead the enhanced communication of the digital trading and payments between Markets Hong Kong and Global, 24/7/365. To maintain the highest level of security and stability, all of the fully traded Stablecoins will be supported by at least 100 % reserves in the institutions approved by Hong Kong.
To increase the impact of the network for the Stablecoin project for local use and border, IDA cooperates with the main players in the industry to facilitate the mining, redemption, and wide acceptance of Stablecoins as a digital currency and settlement.
More information can be found in Idafi.xyz / / LinkedIn / / x
About Audc Pty Ltd
Audc Pty Ltd is a leading company for transfer to transfer the future of money through Blockchain technology. The company conducts the Australian Dilm Conduct (AUDD), which is supported 1: 1 by the Australian dollar, designed to supply companies and consumers with stable, reliable and accessible digital assets. With a strong focus on innovation and digital financing solutions, AUDC is committed to paying the next generation of financial technology.
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