TechFlame News — According to an official announcement, Agora has stated that it will gradually phase out the issuance and support of AUSD on the Injective network starting April 3, 2026. Under the latest adjustment, no new AUSD will be minted on Injective from now on, and AUSD held on this network will no longer be eligible for any rewards. However, users can still redeem AUSD at a 1:1 value, with the redemption window remaining open until September 28, 2026. This adjustment applies only to the Injective network and does not affect AUSD operations on other chains. Regarding the redemption process, Agora has indicated that its clients can complete the operation by contacting their account representatives. Users simply need to send AUSD from Injective to the official channel, and the platform will assist in converting it into AUSD on the user’s specified chain or exchanging it for USD and other supported stablecoins. The company emphasized that September 28, 2026, is the standard redemption deadline. After this date, remaining assets may still be processed but could require additional KYC verification and incur related fees. Agora explained that this decision stems from its regular evaluation mechanism for multi-chain deployment, taking into account factors such as actual usage, ecosystem health, and infrastructure costs. Following a comprehensive assessment, Agora has decided to strategically scale back AUSD operations on the Injective network to optimize resource allocation and enhance overall operational efficiency.