Networks · Public, permissioned · run by Hedera Council
HederaUpdated 22 Oct 2026
Public ledger using hashgraph consensus whose consensus nodes are run by the members of the Hedera Council, a group of companies (e.g. Mondelēz, Aberdeen Investments, AP+) with term limits that also approves software updates. Anyone can use it; node operation is permissioned for now. Tokens are issued through the Hedera Token Service (ids like 0.0.456858).
8Deployments
60Organisations
Deployments on Hedera
Each row is a sourced claim on that deployment's record that it runs on Hedera. Balances are shown where a source gives one for this network.
| Deployment | Status | Assets | Held here | Evidence | Last reviewed |
|---|---|---|---|---|---|
| Circle USD Coin (USDC) | Live (scaled) | ~$26.39m[3] 7 Nov 2026 | A DefiLlama, 11 Oct 2026[3] | Reviewed 13d ago | |
| XSGD Singapore dollar stablecoin | Live (scaled) | ~S$50,000[5] 7 Nov 2026 | B StraitsX[4] | Reviewed 25d ago | |
| Tether USDt (USDT) USDT0 (locked on Ethereum, minted here via LayerZero OFT). | Live (scaled) | ~$33,172[7] 7 Nov 2026 | B USDT0[6] | Reviewed 13d ago | |
| AUDD Australian dollar stablecoin | Live (limited) | ~A$1,198[9] 7 Nov 2026 | A AUDC Pty Ltd and William Buck, 5 Oct 2026[8] | Reviewed 21d ago | |
| abrdn Liquidity Fund (Lux) tokens via Archax | Live (limited) | — | B Archax (via Mondo Visione), 8 Jun 2023[10] | Reviewed 12d ago | |
| Archax beneficial ownership tokens on State Street, Fidelity International and LGIM money market funds | Live (limited) | — | C Markets Media, 21 Nov 2024[11] | Reviewed 12d ago | |
| Frontier Stable Token (FRNT) Listed as deployed in the factbook; DefiLlama shows no supply on Hedera. | Live (limited) | — | B Wyoming Stable Token Commission, 21 Aug 2026[12] | Reviewed 24d ago | |
| RBA and DFCRC Project Acacia (pilot wholesale CBDC for tokenised markets) Public Hedera held a digital twin of wCBDC ('white coin') in the AP+ interchange pilot and stablecoins in the Imperium pilots. | Inactive | — | A Reserve Bank of Australia and DFCRC, May 2026[13] | Reviewed 24d ago |
Sources
- [1]Pioneering Best-In-Class Governance | Hedera Council — Hedera Council. Accessed 22 Oct 2026. Re-read 22 Oct 2026 for the operator (decision 2026-10-18-networks-1). Council members run network nodes and approve updates under a permissioned model; members have term limits under the Hedera Council LLC Agreement; names Mondelēz International, Aberdeen Investments and AP+ as members..B
- [2]Decentralized Applications Go Live on Hedera Hashgraph as Mainnet Opens to Public — Hedera, 16 Sep 2019. Accessed 13 Oct 2026. Open Access to the mainnet (beta) for the general public from 16 September 2019..B
- [3]USDC stablecoin data (API) — DefiLlama, 11 Oct 2026. Accessed 11 Oct 2026.A
- [4]XSGD | Singapore Dollar Stablecoin by StraitsX — StraitsX. Accessed 14 Oct 2026.B
- [5]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A
- [6]Contract Deployments | USDT0 Docs — USDT0. Accessed 18 Oct 2026. USDT0 is a lock-and-mint product: USDT is locked in an OFT adapter on Ethereum and USDT0 minted on 24 networks. Operator's docs, not Tether's..B
- [7]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A
- [8]AUDC Pty Ltd (AUDC) - Report of factual findings in respect of AUDD reserves — AUDC Pty Ltd and William Buck, 5 Oct 2026. Accessed 18 Oct 2026. Agreed-upon procedures report by William Buck on AUDC's reserve statement as at 30 September 2026 (bank statements and on-chain amounts agreed without exception)..A
- [9]Supply by chain, read daily — DefiLlama (automated daily refresh). Accessed 7 Nov 2026.A
- [10]Archax Tokenises Investment In abrdn Multi-Bn Money Market Fund — Archax (via Mondo Visione), 8 Jun 2023. Accessed 11 Oct 2026.B
- [11]Archax Increases Tokenized Funds — Markets Media, 21 Nov 2024. Accessed 27 Oct 2026. Reports Archax's release, quoting its description of beneficial ownership tokens minted by Archax representing clients' holdings in the funds..C
- [12]Wyoming Stable Token Commission – Factbook — Wyoming Stable Token Commission, 21 Aug 2026. Accessed 15 Oct 2026.B
- [13]Project Acacia – Exploring the role of digital money in wholesale tokenised asset markets: Final Report — Reserve Bank of Australia and DFCRC, May 2026. Accessed 15 Oct 2026.A