Agora

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

Technology & Skills

Uncover the hard and soft skills and tools employed by the organization, and gain insight into the technologies that drive their success