• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

50 Million Dollars for AUSD Launch: Agora Attracts Investment

user avatar

by Giorgi Kostiuk

5 hours ago


Agora is launching the AUSD stablecoin, backed by cash and short-term US bonds, after a successful $50 million funding round.

Investments and Goals of Agora

Agora raised 50 million dollars in its Series A funding round led by the investment fund Paradigm. This investment follows a previous round that raised 12 million, totaling 62 million dollars. Agora's CEO, Nick van Eck, stated that the company's goal is to transform the stablecoin market and provide high liquidity and transparency to businesses worldwide.

Features of AUSD Stablecoin

AUSD will be collateralized 1:1 by cash and short-term US Treasuries, safeguarded by State Street and VanEck. This approach may help mitigate risks by avoiding direct exposure to volatile crypto-assets. Van Eck noted, "We are building a network from the ground up, enabling any business to issue branded digital dollars on AUSD with full transparency and efficiency."

Market and Competitiveness

Market reactions to the announcement of AUSD remain muted, with some activity seen in developer and community discussions. AUSD is expected to shift dynamics in the USD-backed stablecoin landscape, including USDT and USDC, due to a focus on regulatory compliance and liquidity. According to CoinMarketCap, AUSD is valued at $0.99, with a market cap of over 128 million dollars.

The successful launch of AUSD may influence financial markets by increasing stablecoin adoption in traditional payment systems. Agora's model, similar to other successful projects, could lead to increased liquidity in decentralized ecosystems.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

NRW.BANK: Largest Public Sector Blockchain Bond in Europe Valued at €100 Million

chest

NRW.BANK issues a digital bond worth €100 million on the Polygon blockchain, marking a key development in Europe.

user avatarGiorgi Kostiuk

Top Meme Coins: MoonBull, Cat in a Dog’s World and SLERF in the Crypto Market

chest

MoonBull ($MOBU) challenges traditional meme coins, while Cat in a Dog’s World ($MEW) and SLERF ($SLERF) continue to impress.

user avatarGiorgi Kostiuk

Bitcoin Breaks New All-Time High and Eyes $120,000

chest

Bitcoin reaches a new record at $116,800, with expectations rising towards $120,000. Traders are watching support and resistance levels closely.

user avatarGiorgi Kostiuk

Missed Profits in Crypto Market: Implications of German Bitcoin Sales

chest

The German government's Bitcoin sale caused market fluctuations and a missed profit of $3.1 billion, impacting cryptocurrency prices.

user avatarGiorgi Kostiuk

Review of Arctic Pablo Coin, Dogecoin, and DOGS – New Prospects in the Crypto Market

chest

The cryptocurrency market in 2025 has unveiled new exciting projects, including Arctic Pablo Coin, Dogecoin, and DOGS.

user avatarGiorgi Kostiuk

Overview of Cryptos: Arctic Pablo Coin, Shiba Inu, and Moo Deng in July 2025

chest

Arctic Pablo Coin, Shiba Inu, and Moo Deng stand out among meme cryptocurrencies in July 2025. An overview of their functionality and market metrics.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.