Odaily Planet Daily News: The stablecoin company Agora has launched its AUSD stablecoin as the native currency of the Polygon cross-chain settlement network AggLayer, aiming to facilitate multi-chain transactions through asset-backed stable fiat. This collaboration aims to eliminate the need for token bridging, simplifying and unifying liquidity for on-chain developers and end-users in the AggLayer community. Agora is a stablecoin startup co-founded by Nick van Eck, Drake Evans, and Joe McGrady. Its institutional-grade stablecoin AUSD is supported by custodians including State Street and VanEck. (Cointelegraph)