Back to News

AUSD Stablecoin Launches on the Sui Blockchain

Twitter icon  •  Published 4 months 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.

Tether to Relocate Headquarters to El Salvador After Securing Operating License
Next article Tether to Relocate Headquarters to El Salvador After Securing Operating License

Author

Hassan Maishera

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.