{"id":1952,"date":"2024-10-31T18:31:53","date_gmt":"2024-10-31T18:31:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1952"},"modified":"2024-10-31T18:31:53","modified_gmt":"2024-10-31T18:31:53","slug":"agora-to-launch-us-dollar-stablecoin-on-injective-bolstering-liquidity-between-defi-and-tradfi","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1952","title":{"rendered":"Agora To Launch US Dollar Stablecoin On Injective, Bolstering Liquidity Between DeFi And TradFi"},"content":{"rendered":"<div>\n<p><strong>Agora<\/strong>, co-founded by <strong>Nick Van Eck<\/strong>, is set to launch its US dollar stablecoin, AUSD, on <strong>Injective<\/strong>\u2018s blockchain, aiming to create a bridge for liquidity between decentralized and traditional finance markets. <\/p>\n<p><strong>What Happened: <\/strong>Backed by VanEck&#8217;s asset management and custodied by <strong>State Street<\/strong>, AUSD will be collateralized with a basket of cash, U.S. treasury bills, and overnight repurchase agreements, ensuring a 1:1 ratio with the US dollar.<\/p>\n<p>This integration is expected to widen AUSD&#8217;s availability within the Injective ecosystem, facilitating transactions across decentralized exchanges (DEXs), on-ramps, and lending platforms.  <\/p>\n<p>\u201cThe launch of &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41661589\/agora-to-launch-us-dollar-stablecoin-on-injective-bolstering-liquidity-between-defi-and-tr\" alt=\"Agora\" to launch us dollar stablecoin on injective bolstering liquidity between defi and tradfi>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Agora, co-founded by Nick Van Eck, is set to launch its US dollar stablecoin, AUSD, on Injective\u2018s blockchain, aiming to create a bridge for liquidity between decentralized and traditional finance markets. What Happened: Backed by VanEck&#8217;s asset management and custodied by State Street, AUSD will be collateralized with a basket of cash, U.S. treasury bills, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1952","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1952"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1952\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}