Agora is a pioneering fintech and blockchain-native company focused on enabling the widespread adoption of digital dollars and blockchain-based finance. Founded by Nick van Eck, Drake Evans, and Joe McGrady, the company aims to reshape how money moves globally by leveraging stablecoins and modern infrastructure.
At its core, Agora offers AUSD, a fully collateralized, non-custodial, institutional-grade stablecoin. AUSD is backed 1:1 by U.S. dollars and high-quality short-term assets like cash and U.S. Treasury bills, held in bankruptcy-remote reserve trusts. The reserves are managed by VanEck, audited by PwC, and safeguarded by State Street. AUSD operates across multiple blockchain networks including Ethereum, Avalanche, Mantle, and Sui, providing global reach and cross-chain interoperability.
Since its launch in Q3 2024, AUSD has grown rapidly, reaching tens of millions in circulating supply with strong weekly trading volumes. It is now positioned among the top-tier fiat-backed stablecoins. Agora supports high-frequency integrations, including on-chain ecosystems like Polygon’s AggLayer and Plume, enabling seamless cross-chain transfers, composability with decentralized finance (DeFi), and enhanced liquidity across web3 platforms.
Agora also empowers institutions and businesses to issue white-labeled stablecoins, offering instant liquidity and integration into a growing, interoperable digital finance network. The platform’s infrastructure suite includes tools for cross-chain bridging, liquidity provisioning, compliance enforcement, and mint/burn governance, along with asset-freeze mechanisms—all designed for enterprise-grade performance and security.
