Acala is a decentralized stablecoin platform powering cross-blockchain open finance applications. Asset-backed decentralized currency without volatility. Stable by design and without borders. Every aUSD is backed in excess by multiple asset collaterals. Safety mechanisms and incentives are in place to counter volatility, ensure security and resilience. Acala Network Token holders have the responsibility to govern the network’s operation, make decision on its future, and share earnings.