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Crypto World News: The full-chain Rollup L1 network Initia launches its native stablecoin iUSD. iUSD is backed by Agora's AUSD and bridged cross-chain to Initia via LayerZero. The official statement says that unlike other stablecoins whose yields belong to the issuer, iUSD will flow back into the ecosystem. Users can provide liquidity for the iUSD-USDC and INIT-iUSD trading pools on Initia DEX; lend out iUSD on Echelon (coming soon); and deposit iUSD into The Cabal treasury (coming soon).