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Crypto Ghazi

06/23 18:26

Plume integrates AUSD to unlock DeFi across RWAfi

Plume integrates AUSD to unlock DeFi across RWAficrypto-news-Stablecoins-bring-financial-inclusion-option04-1380x820.webp

Plume, a blockchain platform for real-world asset finance, is integrating Agora’s U.S. dollar-backed stablecoin in a move that will unlock decentralized finance benefits for users and developers within the rapidly expanding RWAfi ecosystem.

The Plume team announced its Agora stablecoin integration on Monday, June 23, noting that the partnership brings the institutional-grade stablecoin to Plume. Agora, founded by Nick van Eck, will bolster Plume’s native stablecoin infrastructure, the platform said in a blog post.

AUSD is a stablecoin fully backed by USD reserves, including short-duration U.S. Treasuries and cash. VanEck actively manages the digital asset’s backing, with State Street as the custodian.


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