Native @withAUSD is now live on Core. šŸ”¶ A fully collateralized stablecoin managed by @vaneck_us and custodied by @StateStreet. Audited, fully compliant, and proven at scale. Here's what this means for Bitcoin DeFi. 🧵 šŸ‘‡
2/ AUSD is a fully collateralized stablecoin backed 1:1 by cash and cash-equivalent reserves. āœ… $10B+ in transfer volume āœ… 6M+ transfers processed Now it's live on Core, bringing battle-tested stability to the heart of Bitcoin DeFi.
3/ Bitcoin and stablecoins are crypto’s two strongest use cases: • Bitcoin = store of value • Stablecoins = medium of exchange Core is the first chain to support both natively, with no compromises. BTC yield + native dollar liquidity = institutional DeFi. šŸ’¼
4/ Wrapped stablecoins were a stopgap. They limit liquidity, break fiat access, and block institutional adoption. AUSD fixes that - enabling native liquidity that flows directly into real DeFi markets. šŸ’§
5/ What AUSD unlocks on Core: šŸ”¹ DEX Trading – Native pairs across major Core DEXs šŸ”¹ Lending Markets – Borrow and supply AUSD šŸ”¹ Liquidity Pools – Higher capital efficiency šŸ”¹ Institutional Access – Compliant entry point šŸ”¹ Capital Strategies – Borrow AUSD without selling BTC
6/ For BTC holders, this unlocks powerful new strategies: • Earn yield on Bitcoin • Borrow stablecoins without selling • Use AUSD natively, without bridging anywhere Bitcoin becomes productive. AUSD makes it usable. šŸ¤
7/ AUSD on Core brings the stability, composability, and trust institutions need. šŸ’¼ DeFi apps get deep liquidity. Institutions get trusted fiat rails. Users get seamless capital movement. Bitcoin as money, AUSD as flow.
8/ With native AUSD live, Core is the only chain that unifies both pillars of crypto: • Trustless Bitcoin yield • Native stablecoin infrastructure This is how Bitcoin DeFi scales. šŸ”¶
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