PRESS RELEASE.
Amid growing demand for transparent, fiat‑backed stablecoins, Agora is stepping forward with AUSD—a next‑generation digital dollar engineered for seamless, borderless commerce. Built on robust reserves of cash, U.S. Treasury bills, and overnight repo agreements, AUSD delivers the reliability of traditional finance with the reach of blockchain technology.
“Our goal is simple: make dollars move at internet speed while meeting the strictest standards of safety and compliance.” — Nick van Eck, Co‑Founder & CEO
Agora: Bridging Trust and Technology
Founded in 2023, U.S.‑based Agora is on a mission to reduce friction in accessing, transferring, and using the world’s reserve currency. Whether you’re an institution settling trades or an individual sending remittances, AUSD offers a fully collateralized, freely tradable alternative to bank wires and volatile crypto assets.
Partner‑Centric, Compliance‑First Design
AUSD isn’t just another stablecoin—it’s purpose‑built for regulated use cases:
- Transparent Reserves held in cash and short‑duration Treasuries, attested by independent custodians.
- Smart‑Contract Safeguards, such as mint‑and‑burn controls and asset‑freezing functions, to combat illicit finance.
- Open ERC‑20 Standard enabling effortless integration with wallets, exchanges, and DeFi protocols.
AUSD and Ethereum: A Resilient Pairing
By launching on Ethereum, Agora taps into the network’s mature developer ecosystem and battle‑tested security. From CeFi trading desks to DeFi lending pools, any application that already supports ERC‑20 tokens can integrate AUSD with minimal friction, unlocking dollar stability for users worldwide.
The “Tokenomics” of a True Stablecoin
Unlike volatile governance or utility tokens, AUSD is fully redeemable 1:1 for U.S. dollars. Its economic model is elegantly simple:
- 100% Collateralized by high‑quality, short‑term U.S. assets.
- No Algorithmic Supply Games—new AUSD is minted only when fresh collateral is verified; tokens are burned on redemption.
- Transparency Over Speculation—value stems from the underlying dollars, not token scarcity.
This reserve‑backed framework prioritizes liquidity and stability, making AUSD a dependable medium of exchange in any market condition.
What’s Next for Agora
While the public roadmap is still under wraps, Agora is actively building:
- Institutional On‑Ramps with leading exchanges, custodians, and payment processors.
- Global Remittance Corridors that cut transfer costs and settlement times to seconds.
- Multichain Support to extend AUSD’s utility beyond Ethereum into emerging L2s and high‑throughput networks.
Each step broadens AUSD’s reach, ensuring dollars remain the cornerstone of Web3 commerce.
Conclusion: Stability You Can Trust, Utility You Can Feel
AUSD merges time‑tested monetary backing with the programmability of crypto, positioning itself as a stable foundation for trading, payments, and DeFi innovation. For users seeking a compliant, fully collateralized on‑chain dollar, Agora’s AUSD is the safe harbor in a sea of volatility.
Learn More about Agora AUSD
Website: https://www.agora.finance/
X: https://x.com/withAUSD
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