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.