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Injective launches Agora’s AUSD as its first native stablecoin

Injective has announced the launch of Agora’s AUSD stablecoin on the mainnet. AUSD reserves are backed by VanEck and custodied by State Street. AUSD Injective’s first native stablecoin and will be key to the blockchain network’s DeFi ecosystem. Injective has launched AUSD, a fully collateralized US dollar backed stablecoin Agora, as its first native stablecoin….

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