Plume Integrates Agora’s AUSD Stablecoin to Strengthen DeFi in Real-World Asset Finance

Plume, a blockchain platform focused on real-world asset finance (RWAfi), has announced the integration of Agora’s U.S. dollar-backed stablecoin, AUSD, marking a significant step toward scaling decentralized finance within the growing RWA ecosystem.

The integration, revealed on June 23, brings Agora’s institutional-grade stablecoin to Plume’s Ethereum Virtual Machine (EVM)-compatible environment. Backed by U.S. dollar reserves—including short-duration Treasuries and cash—and managed by investment firm VanEck with State Street acting as custodian, AUSD is designed to offer stability, transparency, and trust in the DeFi space.

Plume CEO and co-founder Chris Yin highlighted the broader vision behind the move:

“The next wave of stablecoin adoption will be driven by utility beyond payments, and our RWAfi ecosystem will be at the center of that transformation.”

By incorporating AUSD, Plume aims to enhance both liquidity and reliability within its platform, particularly for its native stablecoin, Plume USD (PUSD). AUSD will act as a reserve asset for PUSD, providing a foundation for trusted liquidity across Plume’s DeFi protocols.

This development also benefits Agora, founded by Nick van Eck, by extending its footprint within the tokenized real-world assets sector—a space rapidly attracting attention from institutions.

“As adoption of tokenized assets accelerates, users demand stablecoins that are transparent, composable, and trusted,” van Eck noted.

Plume Integrates AUSD to Expand Native Stablecoin Infrastructure Across RWAfi Ecosystem

Launch of Agora’s AUSD stablecoin as a new reserve asset for Plume’s pUSD diversifies Plume’s RWAfi ecosystem and scales Agora’s global digital dollar network

Beyond the stablecoin upgrade, Plume has been building momentum throughout 2024. The platform recently launched Plume Genesis, its public mainnet, and has forged strategic partnerships with major financial players like Blackstone, Invesco, and Superstate. Backing from YZi Labs and Apollo Funds has also helped fuel its growth.

Nest, Plume’s institutional-grade staking and yield protocol, will play a central role in bringing real-world yield into DeFi frameworks, leveraging the new stablecoin infrastructure to enable more seamless interaction between traditional finance and decentralized applications.