# EUR → AUD: Euro to Australian Dollar settlement on Sera

> A true non-USD cross, and the clearest illustration of why direct pairs matter: routed conventionally, euro to Australian dollar pays the spread twice by detouring through the dollar. Sera quotes it directly, so the second toll disappears.

- **Corridor:** EUR ↔ AUD (Eurozone ↔ Australia)
- **Status:** Live
- **Bridge stablecoins:** EURC ↔ AUDX
- **Settlement speed:** Sub-second on-chain · ~20s door-to-door

## How settlement flows

Sender funds in EURC; Sera's router matches EURC against AUDX directly where depth allows, or stitches the cheapest multi-leg path atomically; AUDX redeems into AUD over NPP.

## Local payment rails

- **Eurozone (EUR):**
  - SEPA Instant (Real-time — 10-second pan-Eurozone)
  - SEPA (Same-day)
- **Australia (AUD):**
  - NPP (Real-time — New Payments Platform, 24/7)
  - PayID (Real-time — Addressable by phone or email)
  - BECS (Same-day — Batch direct entry)

## Use cases

- Cross-hemisphere B2B
- Education and relocation
- Tourism settlement

## Risk notes for liquidity providers

Both legs are liquid free floats, so the cross carries the combined volatility of two majors without a dollar leg to dampen it. Depth is still building on this pair.

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Live page with current rates: https://sera.cx/coverage/eur-aud · Swap at https://app.sera.cx · All corridors: https://sera.cx/coverage · Full corpus: https://sera.cx/llms-full.txt