AUSD: The Next Generation of Stablecoins – Fully Backed, Securely Managed, and Designed for Global Open Collaboration

What is AUSD and what does it solve?

Unlike traditional 1:1 stablecoins like USDC or USDT, Agora’s open partnership model empower exchanges, custodians, dApps, and other ecosystem partners to actively drive AUSD adoption and participate in its growth. We recognize that these partner businesses are the true engines of utility and liquidity for digital dollars, as they develop applications, enable trading and collateralization, and drive user adoption.

By sharing the majority of the income with our partners, we enable them to subsidize trading fees, provide margin financing, enhance marketing efforts, and deliver greater value to users across both CeFi and DeFi ecosystems. AUSD is designed to be a collaborative asset that grows alongside the ecosystem and ensure the best stablecoin products are built around AUSD.

Token Overview

Token name: AUSD
Token symbol: $AUSD
Total Circulation Supply : 70,000,000

What has been the growth story of $AUSD?

Having launched in Q3 2024, AUSD is already a top 5 fiat-backed stablecoin by daily volume. AUSD has over 10K active users and $70M+ in outstanding assets.

Agora ensures the security and transparency of AUSD’s collateral through partnerships with top-tier TradFi financial institutions. AUSD’s assets are held in a bankruptcy-remote reserve trust managed by VanEck, a 100B+ AUM asset manager, within the Agora Reserve Fund, which includes cash, U.S. Treasuries, and overnight repo agreements. State Street Bank, one of the largest custodians in the world, serves as the cash custodian and fund administrator.

AUSD’s bankruptcy-remote structure through the Agora Reserve Trust further safeguards assets and ensures end partners can recover the fiat value of their digital dollars.

Current Achievements & Future Expansion

As part of its ongoing development, AUSD has expanded to multiple blockchains including ETH, AVAX, SUI, Mantle and Injective. This expansion is aimed at enhancing the Agora ecosystem’s interoperability and effectiveness across multiple platforms.

Agora is working in close partnership with each foundation and the leading DAPPs in each blockchain to add value to KYB-ed businesses and to return the greatest returns to its end users.

Partnership examples in the DAPP space include:

Curve & Morpho on ETH
Trader Joe & Benqi on AVAX
Suilend, Navi & Cetus on SUI
Merchant Moe & Lendle on Mantle

Agora is also working closely with additional foundations, DAPPs, CEXs, custodians, asset managers, to continue to grow the ecosystem around AUSD.

Collaboration with Coinstore

AUSD has fortified its presence in the cryptocurrency market through a strategic collaboration with Coinstore, supporting both the ERC and AVAX chains. This partnership is geared towards leveraging Coinstore’s robust platform to enhance accessibility and trading of AUSD, ensuring that it reaches a wider audience while maintaining high standards of compliance and security.

AUSD Official Media

Website | Twitter | Telegram

Agora is building a digital payments platform built on blockchain-based rails to power the next generation of digital commerce. Agora’s first product is a fully reserved digital dollar (AUSD), redeemable 1:1 for US dollars. The assets backing the digital dollar will be held in a bankruptcy-remote reserve trust. These assets will be managed by VanEck in a private fund (The Agora Reserve Fund). State Street will be the cash custodian for the fund, and its administrator. The fund’s portfolio will include cash, US treasuries, and overnight repo. PWC will be the auditor of the Fund. Agora will not custody customer assets or digital assets. Agora services will only be available to institutions who undergo comprehensive KYB/AML checks prior to on-boarding.

About Coinstore

Accessibility. Security. Equity.

As a leading global platform for cryptocurrency and blockchain technology, Coinstore seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 9.5 million users worldwide, Coinstore aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.

Coinstore Social Media