Acala Dollar

The Acala USD (aUSD) stablecoin protocol enables a decentralized, cross-chain stable currency that serves as the native stablecoin of the Polkadot and Kusama ecosystem

## Overview Acala Dollar (aUSD) is a decentralized stablecoin protocol built on the Acala blockchain, designed to provide a native stable currency across the Polkadot and Kusama ecosystem. Unlike centralized stablecoins that rely on custodial reserves or single-chain backing, aUSD operates as a collateralized debt position (CDP) system where users lock cryptocurrency assets to mint new stablecoin units. The protocol functions as a critical piece of infrastructure for the broader Polkadot network, enabling cross-chain settlement, DeFi composability, and reliable pricing benchmarks across multip