AUSD
What this is
AUSD is a stablecoin designed to maintain a one-to-one value with the US dollar, functioning as a digital version of that currency for use in trading, lending, and payments. It is aimed at individuals and institutions who want to move or hold dollar-denominated value on blockchain networks without the price volatility associated with most digital assets. The project claims to address cost and security concerns by using a gas-optimized smart contract and by relying on a large custodian bank, a major auditing firm, and a fund manager to safeguard the underlying reserves.
Each AUSD token is described as being minted one-to-one against US dollar fiat held in reserve, meaning that for every AUSD in circulation there is intended to be one dollar held by a custodian. The token operates across multiple blockchain ecosystems simultaneously, including Ethereum, Solana, Avalanche, BNB Chain, Polygon, and Arbitrum, with no single consensus algorithm recorded for the asset itself since it relies on the underlying chains it is deployed on. The circulating supply stands at approximately 186,372,804 tokens, and 100 percent of the issued supply is already in circulation, with no maximum supply cap recorded.
The data stored for AUSD does not include a fee stream attributable to the protocol itself, which means this site has no fee-based measures such as protocol revenue or fee yield to report for this asset. The cost efficiency the project highlights refers to lower gas costs for users transacting on-chain, not to fees collected by the protocol. As a result, any metrics on this site that rely on fee generation are not applicable here.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.
