AGORA ($AUSD) - stable coin has arrived on Mantle.

🔥What is AUSD?

- AUSD is a stable coin designed to maintain stability by being fully collateralized by USD.

- $AUSD is backed by a combination of cash, U.S. Treasury bonds, and overnight reverse repurchase agreements, managed by VanEck and secured by State Street.

🔥What sets $AUSD apart?

- The core strength lies in the fact that the assets backing $AUSD are managed by established institutions.

- Fully collateralized by real assets, unlike other types that are only stabilized algorithmically or only partially backed.

✔️Agora has chosen Mantle as the first L2 to deploy its token. The two parties have announced their collaboration. There is a high possibility that an event surrounding this token in conjunction with MNT will happen soon.

📊AUSD is a stable coin, so its price will always remain stable against the USD. However, Mantle is a potential token and can be considered the most active L2 compared to other L2s.

🎁Anyone holding ETH should participate in Mantle's restaking event at: https://t.co/9im0FSldvv

➡️This season, stake ETH to earn compound interest automatically. See the old guide: https://t.co/KnNvTE9Lmn

🌐Join the Mantle community at: https://t.co/KC1dCbwfai

- For more details, read more: