This die was actually made by AccuQuilt's sister company, AccuCut. It can be used for cutting fabric.

AccuCut standard wood dies feature steel-rule blades that ensure a precise cut each pass through the machine. You can cut up to seven layers of construction paper or cardstock depending on the machine you are using and the intricacy of the die. The dies will also cut through anything scissors can cut including foam, sponge, felt, fabric and more. Imagine all of the time you will save using a steel-rule die to cut the shapes you need.