Transparency, by construction
Every stablecoin claims to be backed. AUD AER is designed so you never have to take that claim on trust.
Attestation every 60 seconds
Aeredium's AI monitoring system tests on-chain every 60 seconds. Each cycle performs a full reconciliation: it counts every AUD AER outstanding across every supported chain, verifies the attested reserve position, and confirms that the ratio of reserves to tokens on issue equals exactly one. The result is attested on-chain, signed by hardware whose code fingerprint is itself registered on-chain.
That is roughly 1,440 verifications per day — where the conventional stablecoin industry standard is a single accountant's letter per month or quarter, describing a moment already in the past.
What the attestation covers
Total supply, every chain
The outstanding AUD AER on Iridium and on every external network it has travelled to, summed and cross-checked against net issuance.
Reserve position
The safeguarded Australian dollar reserves — liquidity and Australian Government securities — as observed through banking rails by quorum-attested hardware observers.
The ratio
Reserves divided by tokens on issue. The number the whole design exists to protect. It is always equal to one — and if it ever were not, issuance halts automatically.
Not a promise — a mechanism
Under-collateralisation is not a finding an auditor might make months later; it is a state the system refuses to enter. The issuance contract enforces the supply invariant on every single mint, checked through two independent paths, and any discrepancy halts issuance before it can grow into a problem. Continuous public verifiability replaces periodic private attestation — while the traditional audit and attestation regime required by Australian regulation is, of course, also satisfied.
Live attestation dashboard
Coming with the licensed pilot
This page will host the live dashboard: the current attested supply, the current attested reserve position, the ratio, and the on-chain history of every 60-second attestation — open to the public, with no login and no curation. Regulators and holders will read the same instruments.