According to BlockBeats, on August 21, Agora announced that it had natively deployed its stablecoin AUSD 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.