Bubble
AUSD AUSD
AUSD (AUSD) was trading at $0.9996, ranked #144 by market cap at $255.77M, with 24h volume of $13.24M.
Data snapshot: 2026-09-02 12:15 UTC.
AUSD is a dollar stablecoin from Agora, built on a white-label model: the reserves are managed by VanEck and held with State Street, while partners can issue branded stablecoins on the same infrastructure. It targets applications that want their own stablecoin without taking on reserve management and licensing themselves. AUSD is a dollar stablecoin built as white-label infrastructure: rather than competing for consumer brand recognition, the issuer lets exchanges, fintechs and applications issue and distribute a compliant dollar under their own arrangements, sharing the reserve economics. Reserves are managed by an established asset manager with third-party custody. On this map AUSD is a smaller stablecoin, and its growth depends on how many partners adopt it rather than on retail preference, which makes its supply curve look different from a consumer-facing stablecoin's.
What does white-label mean here?
The issuer provides the stablecoin infrastructure and reserve management, while partners distribute it under their own arrangements and share in the economics.
Who manages the reserves?
An established asset manager, with assets held through third-party custody rather than by the issuing entity alone.
What drives its supply growth?
Partner adoption rather than direct retail demand, so supply tends to step up as integrations go live rather than growing continuously.
Is a smaller stablecoin less safe?
Size and safety are separate questions. What matters is reserve composition, custody, attestation and redemption — all of which should be checked directly.
Market cap decides how big a bubble is drawn, so rank is what places AUSD on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #111 | EURC (EURC) | $461.23M |
| #123 | First Digital USD (FDUSD) | $333.03M |
| #144 | AUSD (AUSD) | $255.77M |
| #145 | crvUSD (CRVUSD) | $254.32M |
| #180 | EUR CoinVertible (EURCV) | $181.14M |