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Golden Finance reported that according to the official announcement, asset management company Galaxy and Stable Coin issuer Agora have completed the first Over-the-counter Trading involving Agora Stable Coin AUSD. Agora's CEO Nick van Eck stated in a declaration, “This transaction marks the transition of AUSD from conceptual validation to practical application.” Agora stated that AUSD is a “creator-centric” Stable Coin designed to attract traders and developers through “gas-optimized” Smart Contracts. The company also stated that the Stable Coin is fully backed, with Collateral held by one of
GAS1,36%