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Polygon Teams Up with Agora and AUSD to Build AggLayer Future

  • Polygon partners with Agora and AUSD to establish AUSD as the native stablecoin powering the AggLayer cross-chain ecosystem.
  • Katana, built on AggLayer, uses AUSD to simplify DeFi yield strategies and unify liquidity across chains.
  • The partnership designates AUSD as the primary stablecoin within AggLayer, guaranteeing reserves with major institutions like State Street and VanEck to cater to users uncertain about fully decentralized financial systems.
  • Polygon's recent collaborations, including the launch of Heimdall v2 and the growth in DeFi activity on the network, indicate a trend of increasing acceptance and adoption of Polygon as a primary network for DeFi and stablecoin transactions.

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