AUSD (Agora) Token Listed on XT Exchange

AUSD (Agora) Token Listed on XT Exchange

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We’re excited to announce the addition of AUSD (Agora) to XT, with AUSD/USDT trading now available in the Main Zone.

Agora’s Digital Dollar: Building the Future of Payments

AUSD represents a major step forward in digital payments, combining blockchain innovation with traditional financial security. This fully-reserved stablecoin maintains a consistent 1:1 value with the US dollar, providing a dependable bridge between digital and traditional finance.

Strong Foundation:

  • The reserve assets backing AUSD are protected in a bankruptcy-remote trust
  • VanEck manages these assets through the specialized Agora Reserve Fund
  • State Street serves as both cash custodian and administrator
  • The fund maintains a conservative portfolio of cash, US treasuries, and overnight repo agreements
  • Regular PwC audits ensure full transparency and compliance

A key differentiator is Agora’s non-custodial approach – by not holding customer or digital assets directly, the platform offers enhanced security and reduced risk exposure for users.

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Source: https://zycrypto.com/ausd-agora-token-listed-on-xt-exchange/