The supply of Agora's stablecoin AUSD on the Monad network has surged 462% from approximately $33 million to $184.3 million over the past 90 days, now accounting for about 69% of the token's total circulation. The growth is driven by a yield pool launched by Pendle on Monad on June 19, offering $75,000 weekly incentives and packaging yield assets into tradable tokens. Monad's mainnet went live in November 2025, boasting 10,000 TPS and sub-second finality.
CryptoBriefing, cited by Techub News, says the supply of Agora's stablecoin AUSD on the Monad network jumped 462% in the last 90 days, climbing from roughly $33 million to $184.3 million. Big move. AUSD now makes up about 69% of the stablecoin's total supply.
Why the spike? Mostly because of a yield pool that yield trading protocol Pendle rolled out on Monad on June 19. It pays $75,000 in weekly incentives, which pulled users in to mint and stake AUSD by wrapping yield-bearing assets into tradable tokens. And Monad's mainnet launched in November 2025, offering capacity for 10,000 transactions per second with sub-second finality.
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