Acala USD Price
Acala USD Market Cap
24h Trade Volume
All-Time-High (ATH) Price
Acala USD Live Chart
Acala USD price Index provides the latest AUSD price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Acala USD to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
AUSD to USD Converter
Acala USD Live Info Today
Acala USD's current price is $ 1.01, it has dropped -0% over the past 24 hours.
Acala USD's All Time High (ATH) of $ 1.80 was reached on 11 May 2022, and is currently -43.6% down.
The maximum supply of Acala USD that will ever be issued is N/A coins, and the current supply of AUSD in circulation is 13.13 Millions coins.
Acala USD’s 24 hour trading volume is $ 45.43 Thousands.
Acala USD (AUSD) operates on its own blockchain.
Acala USD's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 13.31 Millions.
What is Acala USD
Acala USD (aUSD) stablecoin protocol enables a decentralized, cross-chain stable currency that serves as the native stablecoin of the Polkadot and Kusama ecosystem. aUSD is minted from a variety of reserve assets. This allows holders of the reserve assets to earn, spend, trade, and access other services without price volatility while retaining ownership of their reserve assets. Acala USD is pegged to the US Dollar. aUSD can be trustlessly integrated by any blockchain connected to Polkadot or Kusama, as well as applications deployed on those chains. aUSD can also be integrated cross-chain on any other connected blockchain network.
Anyone can mint aUSD using accepted reserve assets, and each aUSD is backed by a surplus value of reserve assets (collateral assets). The reserve assets are also cross-chain by nature, which can include Polkadot native assets (DOT and DOT derivatives), KSM and KSM derivatives like LKSM, Acala's native token ACA, and Karura's native token KAR. In the future, the protocol can also accept parachain assets and cross-chain assets like Bitcoin (BTC) and Ether (ETH) as collateral assets if they meet the risk requirements and are accepted via Acala governance.
The aUSD stablecoin protocol is deployed on both Acala serving the Polkadot ecosystem and on Karura for serving the Kusama ecosystem.