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AUSD Stablecoin Launches on the Sui Blockchain

Share on X icon · Published 1 year ago on September 6, 2024 · Hassan Maishera

On Thursday, the Sui team announced via a blog post that the AUSD stablecoin is now live on Sui.

AUSD Stablecoin Launches on the Sui Blockchain

On Thursday, the Sui team announced via a blog post that the AUSD stablecoin is now live on Sui. The integration has already improved liquidity and market efficiency within Sui’s rapidly expanding DeFi ecosystem, which currently boasts over $600 million in Total Value Locked (TVL).

Agora's integration with Sui also continues to expand AUSD's reach and furthers the growth of the global AUSD network and liquidity.

Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is up 2% in the last 24 hours and is trading at $0.8270 per coin.

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Author

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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