crypto finance disruption through Agora's revelation of a customizable stablecoin platform
Agora, a leading stablecoin infrastructure provider, has announced the successful completion of a $50 million Series A funding round, led by Paradigm and backed by Dragonfly. This investment will be used to scale liquidity across more networks and exchanges, strengthen fiat on/off ramp integrations, and support regulatory compliance efforts in emerging jurisdictions.
Agora's unique offering lies in its development of the infrastructure layer that powers issuance and redemption, compliance, analytics, and liquidity routing for stablecoins. Unlike most stablecoin projects, Agora is not focused on a single stablecoin but is building a full-stack solution for the industry.
The white-label platform, already live across 13 leading blockchains including Ethereum, Solana, and Avalanche, enables companies to issue and manage their own branded stablecoins, leveraging blockchain technology for payments and settlements.
Key Features of Agora's Platform
- 24/7/365 Settlement Capabilities: Agora's platform provides continuous, real-time settlement of transactions, unlike traditional banking systems limited to business hours.
- Programmable Money Flows: Through programmable smart contracts, the platform automates complex payment logic such as multi-party splits, conditional releases, and escrow arrangements, eliminating the need for manual intervention or intermediaries.
- Global Reach without Correspondent Banking: Agora enables direct settlement across borders without relying on correspondent banks, reducing compliance complexity and operational costs.
- Transparent and Auditable Transaction History: Every transaction is recorded on a blockchain ledger, providing an immutable audit trail that improves transparency, reduces reconciliation issues, and speeds dispute resolution.
- Integration with Real-World Spending: The platform supports connecting stablecoin wallets to existing payment networks and debit cards, allowing users to spend stablecoins seamlessly in everyday commerce without cumbersome off-ramping steps.
Hypergrowth and Institutional Adoption
In just one year, Agora has reached tens of billions in cumulative onchain volume, demonstrating the increasing appetite for flexible, programmable, and composable stablecoin primitives, particularly among institutional players. The platform's model positions it to be the "Stripe for stablecoins," offering the backend infrastructure for programmable money.
Examples of Web3 platforms becoming modular service providers include Stripe's expansion of crypto payouts with stablecoins, Visa's exploration of stablecoin settlements across cross-border corridors, and PayPal's launch of its own stablecoin, PYUSD, tied into its payment rails.
Agora currently has 50,000+ monthly active addresses and support from dozens of clients, including Nonco, Flowdesk, VanEck, Conduit, Katana, and Plume Network. The solution will enable their integration on blockchains, exchanges, and in fiat systems.
As Agora works towards licensure to enter the U.S. market under the proper regulatory guardrails, it continues to bridge stablecoins into practical financial use cases by combining blockchain benefits with familiar payment methods, enhancing speed, transparency, and accessibility in payments.
- Agora's successful Series A funding round, led by Paradigm and Dragonfly, aims to scale liquidity across more networks and exchanges for the stablecoin infrastructure provider.
- Unlike most stablecoin projects, Agora is developing a full-stack solution for the industry, supporting multiple stablecoins.
- Agora's white-label platform, live across 13 leading blockchains, allows companies to issue and manage their own branded stablecoins, eliminating the need for manual intervention.
- The platform's continuous, real-time settlement of transactions provides a liquidity advantage over traditional banking systems, as it operates 24/7/365.
- By automating complex payment logic through programmable smart contracts, Agora reduces the need for manual interventions or intermediaries.
- Agora's platform enables direct settlement across borders without relying on correspondent banks, improving transparency and reducing operational costs.
- Every transaction is recorded on a blockchain ledger, providing an immutable audit trail for dispute resolution and improved transparency.
- The platform supports connecting stablecoin wallets to existing payment networks and debit cards, allowing users to spend stablecoins seamlessly in everyday commerce.
- Institutional players have shown an increasing appetite for Agora's flexible, programmable, and composable stablecoin primitives, positioning Agora to be the "Stripe for stablecoins."
- Agora's solution will enable integrations on blockchains, exchanges, and in fiat systems for clients such as Nonco, Flowdesk, VanEck, Conduit, Katana, and Plume Network.
