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Stablecoin AUSD Launched on the Mantle Network The Agora company has deployed the AUSD stablecoin on the Mantle Network blockchain (source). According to the Mantle team, the integration brings a secure, institution-grade stablecoin to the ecosystem, fully backed by U.S. dollars, U.S. Treasury bills, and repo agreements. "We are thrilled to work with the Mantle team and join this dynamic ecosystem. Mantle has an exceptional suite of financial and consumer applications, with many exciting announcements on the way. This is a forward-thinking team," said Agora CEO Nick van Eck.
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