Stablecoin infrastructure provider Agora has raised $50 million in a Series A funding round led by Paradigm, with additional participation from Dragonfly Capital.
Announced on July 10, the funding will be used to expand Agora’s AUSD ecosystem and launch a white-label solution that enables companies to issue their own stablecoins within days. Agora’s platform currently operates across 13 blockchains—including Ethereum, Solana, and Arbitrum—and facilitates billions in cumulative stablecoin volume, serving over 50,000 monthly active addresses.
AUSD, Agora’s flagship stablecoin, is pegged to the U.S. dollar and backed by cash, short-term U.S. Treasuries, and repurchase agreements. Although its current market capitalization stands at around $130 million, Agora believes that demand for stablecoin infrastructure is still in its early stages.
Alongside its $50 million funding round, Agora officially launched its white-label stablecoin solution—a comprehensive, turnkey offering designed to streamline stablecoin issuance for partners. The platform provides end-to-end services including regulatory compliance, liquidity management, integrations with centralized and decentralized exchanges, minting infrastructure, and access to local fiat on/off ramps.
Partners can mint using USD Coin (USDC) or Tether (USDT) without incurring fees and are eligible to share in the yield generated from reserve assets. Agora aims to eliminate the complexities typically associated with launching stablecoins, making it easier for fintechs, exchanges, and platforms to issue their own tokens without needing to establish banking relationships, source liquidity, or build infrastructure from scratch.
Current users of Agora’s platform include VanEck, Flowdesk, Conduit, and Plume. Notably, Galaxy recently executed an over-the-counter trade using AUSD, signaling growing institutional interest.
The announcement comes amid rising global momentum for stablecoin adoption, supported by increasing regulatory clarity. Agora holds money transmitter licenses in the U.S. and is actively expanding its international footprint.
