Agora, a cryptocurrency firm that enables companies to launch their own branded stablecoins, has raised $50 million in Series A funding led by Paradigm and Dragonfly to scale its white-label solution. Agor’s stablecoin, AUSD, allows businesses to issue branded digital dollars with shared liquidity. Regulatory uncertainty in the US under the Biden administration pushed Agora to prioritize international markets, targeting regions where currency volatility and cross-border payments created demand. However, pending US legislation, particularly the GENIUS ACT, doors may open for Agora stateside. Founded by Nick van Eck, the platform emphasizes a decentralized revenue-sharing model and has already partnered with projects like Polygon.
Stablecoin Startup Agora Secures $50M Investment Led by Paradigm
