Imagine a world where raising $50 million is as easy as ordering a pizza. Well, that’s exactly what stablecoin infrastructure firm Agora has done, with a Series A round led by the illustrious Paradigm, and a sprinkle of support from Dragonfly Capital. 🍕💰
According to a July 10 announcement, this windfall will help Agora expand its AUSD ecosystem and roll out a white-label product that lets companies launch their own stablecoins in, oh, let’s say, a few days. Because who has time to wait, right? The platform is already live across 13 blockchains, including Ethereum (ETH), Solana (SOL), and Arbitrum (ARB). It powers billions in cumulative stablecoin volume and serves over 50,000 monthly active addresses. That’s more than the population of some small towns! 🏙️
AUSD, Agora’s flagship stablecoin, is pegged to the U.S. dollar and backed by cash, short-term U.S. Treasuries, and repurchase agreements. While its current market cap is a modest $130 million, the company believes the demand for stablecoin infrastructure is only just beginning. It’s like the early days of the internet, but with fewer dial-up modems and more blockchain buzz. 🌐✨
We are thrilled to announce that Agora has raised a $50 million Series A round, led by @paradigm and with additional participation from @dragonfly_xyz. This milestone enables us to accelerate the development of Agora’s full-stack platform for stablecoin infrastructure,…
— Agora (@withAUSD) July 10, 2025
Alongside the fundraise, Agora announced the formal launch of its white-label stablecoin product. This turnkey solution offers partners full-stack services such as regulatory compliance, liquidity management, CEX and DEX integrations, minting infrastructure, and local foreign exchange on/off ramps. It’s like a one-stop shop for all your stablecoin needs, minus the long lines and bad coffee. ☕️🛒
Minting using USD Coin (USDC) or Tether (USDT) is fee-free, and partners can share in the yield generated from reserve assets. Agora says the new product is meant to simplify what has been a complex and slow process for most companies. It will make it easier for fintechs, exchanges, and platforms to issue stablecoins without having to navigate banking relationships, liquidity sourcing, or infrastructure buildout. It’s like getting a driver’s license without the DMV. 🚗🎉
Clients already using Agora’s platform include VanEck, Flowdesk, Conduit, and Plume. Galaxy recently settled an over-the-counter trade using AUSD, marking a step toward broader adoption in institutional finance. It’s like the first time a kid gets to sit at the grown-ups’ table. 🍽️
The announcement comes amid growing global interest in stablecoin adoption, fueled by new regulatory clarity. Agora holds money transmitter licenses in the U.S. and is expanding its services abroad. It’s a big world out there, and Agora is ready to conquer it, one stablecoin at a time. 🌍🚀
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2025-07-11 10:48