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Agora Launches New Stablecoin AUSD on Injective Blockchain

  • Agora has launched a new stablecoin called AUSD on the Injective blockchain.
  • AUSD is a digital dollar that maintains a stable value, backed by cash, U.S. Treasury bills, and safe financial agreements.
  • Managed by VanEck and stored securely by State Street, AUSD offers a reliable and dependable digital dollar option.
  • With AUSD now available on Injective, it provides stability and ease for users to participate in DeFi activities without worrying about price fluctuations.

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