What Is Agora (AUSD)?
Agora is a stablecoin issuer that provides users with a safe haven from volatility by pegging its tokens to assets such as the US dollar. Agora will issue stablecoins backed by cash, US Treasury bonds, and overnight repurchase agreements. AUSD is the first fully collateralized, freely tradable digital dollar. It is partner-centric, open, scalable, and reliable. Regardless of your location, it serves as a usable currency. Agora’s mission is to reduce barriers to accessing, transferring, and utilizing the world’s most widely recognized currency. The Agora Dollar (AUSD) token contract follows the ERC-20 standard, supporting the storage and transfer of AUSD balances between personal accounts. It includes additional features such as privileged account-controlled minting and burning, as well as an asset-freezing mechanism to prevent financial crimes.
