Agora aims to revolutionize stablecoins with AUSD, a "Stablecoin 3.0." Agora CEO criticizes "yield-bearing stablecoins" for deviating from core stablecoin functions. He argues these coins have lower adoption, liquidity issues, and are viewed as securities, hindering their use as money. AUSD, in contrast, focuses on business partnerships and utility, aiming to be the "best stablecoin for your business." Launching on Ethereum in June, AUSD seeks to be a core crypto market player.

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