Agora Launches AUSD: Fully Backed Digital Dollar Promising Global Stability

Agora, a US-based company, has released AUSD, a next-generation digital dollar designed for seamless global trade. AUSD is 100% backed by high-quality reserves such as cash and US government bonds.

Led by Nick van Eck, AUSD operates on Ethereum with a focus on regulatory compliance and transparency. Its goal is to accelerate the movement of dollars digitally, strengthening the position of stablecoins as a trusted foundation for Web3 trade.

Disclaimer: This is not financial advice (NFA). Do your own research (DYOR).#aUSD #ETH $ETH