About AUSD
Acala Dollar (aUSD) is a decentralized, crypto-collateralized stablecoin issued by the Acala Network on Polkadot, soft-pegged to the US dollar and backed by multiple collateral types. It is the core stable asset within Acala's DeFi ecosystem and across connected Polkadot and Kusama chains. The Acala team and foundation built the stablecoin protocol, and aUSD went live for minting on February 9, 2022, initially accepting DOT and LCDOT as collateral. aUSD is not a standalone blockchain token. It is issued through the Honzon stablecoin protocol, which uses multi-asset collateralized debt positions, on-chain governance, and algorithmic mechanisms to hold its soft peg to one US dollar. The token (ticker AUSD) is used as a medium of exchange, unit of account, and source of DeFi liquidity for transactions, lending, and borrowing within Acala and on bridged networks. Acala's separate governance and utility token, ACA, has a fixed maximum supply of 1.6 billion tokens and handles protocol governance and economics. aUSD functions as Polkadot's native decentralized stable asset, allowing stable-value activity across interconnected chains.
Zama opens confidential access to DeFi’s existing yield venues
Paris, France, 17th September 2026, Chainwire
Bitwise’s PAPY vault surpasses $12M in total value locked
Bitwise's PAPY vault highlights the growing integration of real-world assets in DeFi, potentially reshaping traditional finance dynamics.
Bitwise Premium RWA Vault (PAPY) reaches $8M in deposits within one day of launch
Bitwise's rapid deposit growth highlights increasing investor confidence in DeFi's real-world asset integration, challenging traditional finance.
AUSD supply on Monad surges 462% to $184M over 90 days
The rapid growth of AUSD on Monad highlights the transformative impact of yield incentives on DeFi ecosystems, reshaping liquidity dynamics.
Bitwise launches PAPY premium RWA vault on Morpho for yield generation
Bitwise's PAPY vault highlights the growing trend of integrating real-world assets into DeFi, potentially reshaping institutional finance.
Pendle hits $111M TVL on Monad, becoming the chain’s fifth-largest protocol
Pendle reaches $111M TVL on Monad blockchain, becoming its fifth-largest protocol. AUSD stablecoin supply hits $115M as yield markets gain
A sourced map of AUSD's relationships is on the way.
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The Crypto Briefing podcast is on the way.
Conversations on AUSD and the wider market, hosted by our team, will appear here once episodes are live.