[Agora plans to launch stablecoin AUSD on Sui chain] Agora, a stablecoin issuing company, recently announced that it will launch its stablecoin AUSD on Sui chain. This will be the second stablecoin on Sui chain after FDUSD. AUSD is expected to be launched in June. The fund reserves behind it are composed of bank deposits, US Treasury bonds and repurchase agreements, which are kept by VanEck. Agora also plans to incorporate companies that support AUSD into its business model to share the benefits of stablecoin operations. It is worth noting that Agora has previously announced that it will launch AUSD on Ethereum, Arbitrum and Optimism, and Sui chain is the first time that AUSD has been issued on a non-EVM blockchain.