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Stablecoin startup Agora has completed a $50 million Series A funding round, with Paradigm leading the investment.
2025-07-10 20:05
BlockBeats News, July 10th, according to Fortune magazine, stablecoin startup Agora has completed a $50 million Series A funding round, with lead investment from Paradigm and participation from Dragonfly.
It is reported that Agora hopes to use this funding to drive the development of its proprietary stablecoin, AUSD. AUSD is a cryptocurrency pegged to basic assets such as the US Dollar. Agora also offers white-label services, allowing other companies to launch their own branded versions of AUSD while sharing the stablecoin's interoperability and liquidity advantages.
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