$AUSD on injective 👀

Agora to Launch Native US Dollar Stablecoin💵 on Injective🥷

Agora, co-founded by Nick Van Eck, tethers AUSD to assets backed by Van Eck and custodied by State Street; AUSD bolsters liquidity between DeFi and TradFi markets

Injective, the blockchain optimized for finance, today announced the launch of its first native stablecoin on the Injective blockchain: Agora’s fully collateralized U.S. digital dollar, AUSD. Backed by VanEck and custodied by State Street, AUSD offers users one of the industry’s foremost stable assets to facilitate efficient transactions between Injective and primary markets. 

AUSD provides users with an easy way to acquire, trade, sell, and more without the need for any additional bridging or compatibility impediments. Upon integration, AUSD will be widely available across the Injective ecosystem to build towards a vision of creating a more secure= and inclusive financial system.

https://blog.injective.com/en/agora-to-launch-native-us-dollar-stablecoi