Flare (FLR) is a decentralized network that aims to connect the traditional finance industry with cryptocurrencies. The project's primary objective is to unlock the value of locked assets using its native token, Spark (FLR), allowing users to earn from their assets without selling them.
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The Australian Dollar (AUD) is the official currency of Australia, issued by the Reserve Bank of Australia (RBA). AUD is often influenced by commodity exports like gold and iron ore. Australia has a strong blockchain industry, and AUD-backed stablecoins provide a way to transact in crypto while maintaining value stability.