Injective Labs launches AUSD, the first native stablecoin on the Injective blockchain! 🚀

- AUSD is backed by VanEck and custodied by State Street.

- Backed by high-quality US bonds and overnight repo agreements.

- Current circulating supply is $65 million, with a daily trading volume of $15 million. 💸

The Injective ecosystem stands out with its low-cost and fast transaction confirmations! 🌟