Agora announces that, effective immediately, it will stop issuing and supporting AUSD on the Injective network. Users can redeem AUSD on a 1:1 basis, with the redemption window running until September 28, 2026. Users must operate through official channels; afterward, KYC verification and fees may be involved. This adjustment is based on a multi-chain deployment assessment mechanism.

The entire chain Rollup L1 network Initia launches its native stablecoin iUSD, supported by Agora's AUSD, and cross-chain via LayerZero. The revenue from iUSD will flow back into the ecosystem, allowing users to provide liquidity on DEX and lend or deposit into the treasury.

ChainCatcher Message, Tria announces a partnership with stablecoin project Agora, integrating Agora's yield-bearing stablecoin product earnAUSD into the Tria Earn platform. Through this integration, users can access Agora-issued institutional-grade stablecoin AUSD and related yield strategies with one click on the Tria platform, supporting cross-chain operations. AUSD is a 1:1 USD-backed stablecoin with reserve funds custodied by State Street Bank.