According to ChainCatcher, Agora announced that it has deployed its stablecoin AUSD natively on Avalanche. AUSD is already available in DApps such as Trader Joe, BENQI, Trensi, and Pharaoh.

Agora has previously launched AUSD on Ethereum, Arbitrum, Optimism, and Sui. AUSD is a stablecoin pegged 1:1 to the US dollar.