AUSD AUSD Price

What is AUSD (AUSD)?

Agora Dollar (AUSD) is a stablecoin built on the ERC-20 standard, designed to offer secure and low-cost digital dollar transactions. With a 1:1 peg to the US dollar, AUSD allows users to store and transfer value across accounts, making it an ideal tool for trading, lending, and payments.

Key Features

AUSD is designed to be a reliable digital currency, backed by one of the world’s largest custodian banks to safeguard assets. It supports several advanced features, such as:

• Minting and Burning: Privileged accounts can create or destroy tokens to manage the supply of AUSD.
• Asset Freezing: Tokens can be frozen to prevent misuse or financial crime.
• Gas-Optimized Transactions: The smart contract is designed to minimize transaction costs, making it a cost-effective option for users.

Compliance and Security

The AUSD contract includes multiple security measures through a Role-Based Access Control (RBAC) system. Different roles, such as Admin, Pauser, Freezer, Minter, and Burner, ensure only authorized accounts can perform specific actions. For example, Freezers can freeze assets in case of fraudulent activity, while Minters can create new tokens.

ERC Standards

The AUSD contract integrates several ERC standards to enhance its functionality:

• ERC-20: The core standard for token transfers.
• ERC-712 and ERC-1271: These standards allow for secure signature validation and structured data hashing.
• ERC-2612 and ERC-3009: Enable approvals via signatures and gasless token transfers, respectively.

Conclusion

Agora Dollar (AUSD) aims to break down barriers to accessing and using US dollars in the global economy. Its focus on security, cost-efficiency, and compliance makes it a strong choice for traders, businesses, and individuals worldwide looking for a stable and accessible digital dollar.

What is unique about AUSD (AUSD)?

AUSD is a stablecoin backed 1:1 with USD, offering gas-optimized transactions for cost-efficiency. It includes advanced features like minting, burning, and asset freezing, ensuring compliance and security.

Who are the founders of AUSD (AUSD)?

The specific founder of AUSD (Agora Dollar) is Nick van Eck.

Where can I buy AUSD (AUSD)?

 Bullish, BingX, XT.COMBitkubUniswap V3 (Ethereum)