Agora Launches Cross-Chain AUSD0 Stablecoin via LayerZero Integration
Agora, the institutional-focused stablecoin platform co-founded by Nick van Eck, has deployed AUSD0 using LayerZero's OFT standard. This Treasury-backed, yield-bearing dollar stablecoin now achieves cross-chain interoperability across five initial blockchains, with potential expansion to 140+ networks.
The MOVE marks a strategic evolution for AUSD, which has grown to $170 million in circulation since launch. Unlike conventional stablecoins, Agora's model distributes yield from Treasury reserves to merchant partners rather than centralizing profits with the issuer.
LayerZero's infrastructure handles cross-chain transfers while Agora focuses on issuance—a division of labor that could accelerate institutional adoption. The partnership reflects growing demand for compliant, multi-chain stablecoin solutions in DeFi and traditional finance corridors.