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.