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Agora
Agora powers the assets and infrastructure of digital finance. They provide a digital dollar, AUSD, and related services like white-labeled stablecoins and instant liquidity solutions for businesses to move money at internet speed.
Distributed
Description
Agora powers the assets and infrastructure of digital finance. The company's core product is AUSD, a digital dollar minted 1:1 with USD fiat, designed to be an institutional-grade, freely tradable, and partner-focused asset. AUSD is backed 100% by Agora’s Reserves, which are composed of cash, overnight repurchase agreements, and short-term U.S. Treasury securities. As an ERC-20 standard token, AUSD is designed for decentralized peer-to-peer transfers, integrating features for robust real-time financial operations and compliance. Agora also offers white-labeled stablecoins, allowing partners to launch their own stablecoin using AUSD's infrastructure, and Instant Liquidity, which enables users to atomically mint AUSD against other stablecoins like USDC and USDT. The ecosystem is designed for fintechs, trading firms, and global enterprises seeking secure stablecoin utility across various networks.Grant Funding
VC Funding
None
2024
$0
$17M