AUSD is Agora's USD stablecoin issued by Agora Bermuda Limited. Agora states that AUSD is minted 1:1 with USD fiat and backed by a reserve fund made up of cash, overnight repo or reverse-repo agreements, and short-term U.S. Treasury securities.
Key Data
| Backing | Cash; Overnight repurchase or reverse-repurchase agreements; Short-term U.S. Treasury securities |
| Redemption | Agora states that AUSD is minted 1:1 with USD fiat and is redeemable or swappable 24/7. Agora separately announced that AUSD issuance on Injective was being wound down and that AUSD on Injective would remain redeemable at par through 2026-09-28. |
| KYC Required | Yes |
| Peg Currency | USD |
| Launched | 2024 |
Supported Networks
Cross-Chain Supply ($281M total)
Regulatory Status
Use Cases
Overview
AUSD is Agora's USD stablecoin issued by Agora Bermuda Limited. Agora states that AUSD is minted 1:1 with USD fiat and backed by a reserve fund made up of cash, overnight repo or reverse-repo agreements, and short-term U.S. Treasury securities.
Key Features
- Reserve fund composed of cash, overnight repurchase or reverse-repurchase agreements, and short-term U.S. Treasury securities
- Issuer says AUSD is minted 1:1 with USD fiat
- Designed for partner distribution and reserve-yield sharing with platforms rather than direct yield to ordinary token holders
- Injective issuance wind-down announced in 2026
Reserve Backing
Cash; Overnight repurchase or reverse-repurchase agreements; Short-term U.S. Treasury securities.
Supported Networks
Available on Ethereum, Avalanche, Polygon, Monad, Sui, Solana, Injective, Mantle.
Recent Activity
- —Our coverageStablecoin Recap Aug 3–10, 2026: USDC gained $0.307 billion in a week of stablecoin market growth.
Other USD Stablecoins
Profile compiled from issuer disclosures, regulatory filings, press releases, and financial media. Market and on-chain data sourced directly or via third-party providers. See methodology.