[Stablecoin issuer Agora will launch its stablecoin AUSD on Sui chain] On June 1, the stablecoin issuer Agora recently announced that it will launch its stablecoin AUSD on Sui chain, making AUSD the second stablecoin launched on Sui after FDUSD. AUSD is scheduled to be launched in June and will be supported by bank deposits, U.S. Treasuries and repurchase agreements, and its reserve funds will be kept by VanEck. In addition, Agora plans to incorporate companies that support AUSD into its business model and share the revenue products of stablecoin operations with them. It is reported that Agora previously announced that it will push AUSD to Ethereum, Arbitrum and Optimism. Sui is the first non-EVM blockchain for the issuance of AUSD.