2024-12-28 23:54 |
We’re excited to announce the addition of AUSD (Agora) to XT, with AUSD/USDT trading now available in the Main Zone.
Agora’s Digital Dollar: Building the Future of Payments
AUSD represents a major step forward in digital payments, combining blockchain innovation with traditional financial security. This fully-reserved stablecoin maintains a consistent 1:1 value with the US dollar, providing a dependable bridge between digital and traditional finance.
Strong Foundation:
The reserve assets backing AUSD are protected in a bankruptcy-remote trust VanEck manages these assets through the specialized Agora Reserve Fund State Street serves as both cash custodian and administrator The fund maintains a conservative portfolio of cash, US treasuries, and overnight repo agreements Regular PwC audits ensure full transparency and complianceA key differentiator is Agora’s non-custodial approach – by not holding customer or digital assets directly, the platform offers enhanced security and reduced risk exposure for users.
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