Plume, the first full-stack chain and ecosystem purpose-built for real world asset finance (RWAfi), today announced a partnership with Nick van Eck’s Agora that will integrate institutional-grade stablecoin AUSD into the network, expanding Plume’s native stablecoin infrastructure. The deployment of AUSD brings a new layer of liquidity and composability to Plume’s growing DeFi ecosystem, while further expanding Agora’s digital dollar footprint into the tokenized real world asset market.
With this integration, AUSD becomes natively supported across Plume’s EVM environment, unlocking DeFi use cases for users and developers building in RWAfi. This includes Plume’s flagship protocol Nest, an institutional-grade staking and yield platform, where it can serve as stable collateral for permissionless yield strategies.
“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,” commented Chris Yin, CEO and Co-Founder of Plume. “With AUSD integrated natively on Plume, we’re bringing institutional-grade assets into programmable finance, where they can be used, moved, and composed without friction. By building the infrastructure that sits at the convergence of TradFi and DeFi, we’re making real-world capital as liquid and usable as any other digital asset.”
AUSD will also serve as an official reserve asset for Plume’s stablecoin, Plume USD (pUSD), further strengthening liquidity to support seamless financial operations within the ecosystem.
“As adoption of tokenized assets accelerates, users demand stablecoins that are transparent, composable, and trusted,” commented Nick van Eck, CEO and Co-founder of Agora. “Plume’s architecture and ecosystem are purpose-built for the next phase of DeFi and RWAs, and we’re excited to bring AUSD to the heart of onchain real world asset finance.”
Agora’s AUSD is fully backed by short-duration U.S. Treasuries, cash, and overnight reverse repos. Assets are actively managed by VanEck® and custodied by State Street, providing high-assurance infrastructure for institutional users and protocols. AUSD is designed for transparency and resilience, offering a crypto-native alternative to centralized stablecoins.
Plume is the first full-stack RWA Chain and ecosystem purpose-built for RWAfi, enabling the rapid adoption and demand-driven integration of real world assets. With 200+ projects building on the network, Plume offers a composable, EVM-compatible environment for onboarding and managing diverse real world assets. Coupled with an end-to-end tokenization engine and a network of financial infrastructure partners, Plume simplifies asset onboarding and enables seamless DeFi integration for RWAs so anyone can tokenize real world assets, distribute them globally, and make them useful for native crypto users.
Agora is a stablecoin startup co-founded by Nick van Eck, Drake Evans, and Joe McGrady. It offers a stablecoin for users outside of the U.S. and will be pegged to the dollar. The stablecoin, AUSD, is backed by US Treasury bills and overnight repurchase agreements. The firm emphasizes transparency and trust and will be overseen by VanEck, which manages a fund for Agora’s reserves.