Dear LBank users,
 
AUSD (AUSD) will be listed on LBank at 05:00 on May 22, 2025 (UTC). The details are as follows:  
 
Trading Pair: AUSD/USDT
Trading Zone: Innovation Zone
Start Deposit: 10:00 on May 21, 2025 (UTC)
Start Trading: 05:00 on May 22, 2025 (UTC)
Start Withdrawal: 10:00 on May 23, 2025 (UTC)
 
AUSD/USDT spot at: https://www.lbank.com/trade/ausd_usdt
※ This will be effective upon commencement of trading. 
  • About AUSD (AUSD)

Agora’s first product, AUSD, is a fully reserved 1:1 digital dollar redeemable for USD.
Unlike traditional 1:1 stablecoins like USDC or USDT, Agora’s open partnership model empower exchanges, custodians, dApps, and other ecosystem partners to actively drive AUSD adoption and participate in its growth.
By sharing the majority of the income with our partners, AUSD is designed to be a collaborative asset, enabling partners to subsidize trading fees, provide margin financing, enhance marketing efforts, and deliver greater value to users across both CeFi and DeFi ecosystems.
Having launched in Q3 2024, AUSD is already a top 5 fiat-backed stablecoin by daily volume. AUSD has over 20K active users and $100M+ in outstanding assets.
Agora ensures the security and transparency of AUSD's collateral through partnerships with top-tier TradFi financial institutions.
AUSD's assets are held in a bankruptcy-remote reserve trust managed by VanEck, a 100B+ AUM asset manager, within the Agora Reserve Fund, which includes cash, U.S. Treasuries, and overnight repo agreements. State Street Bank, one of the largest custodians in the world, serves as the cash custodian and fund administrator.


Official Twitter: https://x.com/withAUSD


Website: https://www.agora.finance/
Blockchain browser: 
https://snowscan.xyz/token/0x00000000eFE302BEAA2b3e6e1b18d08D69a9012a
https://etherscan.io/token/0x00000000efe302beaa2b3e6e1b18d08d69a9012a
https://solscan.io/token/AUSD1jCcCyPLybk1YnvPWsHQSrZ46dxwoMniN4N2UEB9
Whitepaper: https://developer.agora.finance/

 
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Disclaimer: Digital assets are subject to high market risks and price volatility. The value of your investments may fluctuate, and could even lead to a loss of principal. You are solely responsible for your investment decisions, and LBank is not liable for any losses you may incur. You should invest only in products you are familiar with and understand the risks involved. You should carefully consider your investment experience, financial status, investment objectives, and risk tolerance, and consult an independent financial advisor before any investment. Past performance is not a reliable indicator of future performance. Content on the LBank platform does not include advice or recommendations, and should not be construed as financial advice.
 
LBank reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.