Lesson: AUSD on Injective 🧑‍🏫
What’s AUSD?
AUSD is a stablecoin from Agora, pegged 1:1 to the U.S. dollar and backed by real assets (cash, U.S. Treasuries, overnight repos), all managed by VanEck and held by State Street. This full reserve model ensures stability and security.
Why Injective?
Injective is a blockchain designed for finance—fast, low fees, and cross-chain compatible. This makes it ideal for AUSD, allowing cheap, fast transactions across DeFi platforms.
Ecosystem Power
AUSD will fuel Injective’s DeFi features (DEXs, lending, staking), boosting liquidity and utility within the ecosystem. It’s stable, trusted, and usable for both high-frequency trading and everyday transactions.
Global Reach
With Injective’s low costs, AUSD enables affordable cross-border payments, giving users a stable dollar asset without the barriers of traditional finance.
The Big Picture
Agora and Injective are bridging DeFi and TradFi, creating a secure, accessible financial network built to last. 0 reply
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