Stablecoin company Agora has partnered with Polygon's AggLayer to introduce its AUSD stablecoin as the native currency for the crosschain settlement network. This will allow for multichain transactions via a stable, fiat-backed asset without the need for token bridges, simplifying and unifying liquidity for developers and end-users. The integration of AUSD on AggLayer will reduce transaction costs and streamline crosschain interactions for connected chains, while also providing a reliable store of value and stable payment method for developers building applications on the network. The partnership aims to make Web3 more accessible and efficient to boost mainstream adoption.

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