Agora
Agora is a global stablecoin issuer providing the fully collateralized Agora Dollar (AUSD), enabling businesses and users to hedge currency volatility and transact on blockchain networks with high throughput and cross-chain interoperability, backed by transparent reserves managed by VanEck and State Street, compliant with regulatory frameworks, and integrated with major DeFi and traditional finance partners.
Industry
Finance & Insurance
Market Categories
Stablecoin Issuers
Business function (Horizontal)
Finance
Headquarters Location
525 Washington Blvd, Suite 300, Jersey City, NJ 07310, USA
Product Name
Agora
Parent Company
Agora
Founder
Nick van Eck; Drake Evans; Joe McGrady
Web2vsWeb3
Web3
Access Model
API
Target Users
Enterprises, Institutions, DeFi protocols, Consumers
Competitors
USDC; USDT; DAI; PYUSD; FRAX; FDUSD; Ethena
Business Function (stablecoins)
Issuance & Redemption, Reserve Management, Compliance & Regulatory Oversight, Liquidity Provision, Transaction Settlement
Feature completness
Product differentiation
Credibly neutral (no conflicts with customers, revenue share with partners). Backed by VanEck (asset manager) & State Street (reserve custodian). Multi-chain interoperability (Ethereum, Avalanche, Sui, AggLayer, etc.). Transparent reserve audits (monthly JFDI attestations + forthcoming Chaos Labs PoR feed). Zero mint/redeem fees for USD fiat. No yield-bearing component (avoiding regulatory friction).
Privacy & Data protection certificate
Years in business
5.49
Employees
Horizontal Applications
Remittances, Payment Rail, Settlements, Liquidity, Decentralized Finance (DeFi) Applications
Tech stack modernity
ERC-20 token architecture with upgradeable proxy pattern (Certora audited, July 2024). Multi-chain deployments on Ethereum, Arbitrum, Optimism, Avalanche, Sui, AggLayer. Proof of Reserve integration via Chaos Labs. Custody by State Street; on-chain audits by Spearbit (Cantina) and Certora; reserve attested by JFDI. Likely cloud-native infrastructure for API endpoints (details undisclosed) .
Product Roadmap
Expand to additional blockchains and L1/L2 networks. Fully public Proof of Reserve feed (daily via Chaos Labs). Deepen integrations with DeFi protocols (Aave, etc.). Explore non-yield-bearing treasury products for corporates. Partner with new FX and remittance providers (e.g., Juno). Ongoing regulatory compliance enhancements (geographic expansions).
Product Roadmap
Expand to additional blockchains and L1/L2 networks. Fully public Proof of Reserve feed (daily via Chaos Labs). Deepen integrations with DeFi protocols (Aave, etc.). Explore non-yield-bearing treasury products for corporates. Partner with new FX and remittance providers (e.g., Juno). Ongoing regulatory compliance enhancements (geographic expansions).
API Quality
Documentation Link
Enterprise readiness
Integration via robust APIs; throughput of 1 M+ transfers per minute; institutional AML/KYC processes; legal framework across US (MSB) and BVI; partner network includes Avalanche, Solana, Polygon, VanEck, Galaxy.
Security & Compliance Readiness
MSB license (Agora Ledger Corp, NMLS 2567506). BVI mint/redeem operations compliant with BVI law. Delaware Statutory Trust reserves custodied by State Street. Monthly reserve attestations by JFDI; annual PWC audits; daily PoR by Chaos Labs (incoming). AML/KYC programs overseen by Head of Compliance (Celeste Byam). Not yet SOC 2 certified; GDPR not applicable (non-EU entity).
Documentation quality assessment
Comprehensive with contract specs, audit summaries, PoR workflows. Terms of Use & Risk Disclosures available, chain-specific guides provided.
Support Methods
Dedicated institutional onboarding team (VP Finance & Ops; Celeste Byam, Head of Compliance). Response times: SLA commitment for institutional clients; public support via email/contact form; priority Slack/Telegram channels for partners. Standard operational support for mint/redeem issues; compliance escalations handled within 24 hours.
Critical capabilities
Multi-chain deployment (Ethereum, Arbitrum, Optimism, Avalanche, Sui, AggLayer); ERC-20 token contract with upgradeable proxy architecture.
Support & Account Management
Dedicated institutional onboarding team (VP Finance & Ops; Celeste Byam, Head of Compliance). Response times: SLA commitment for institutional clients; public support via email/contact form; priority Slack/Telegram channels for partners. Standard operational support for mint/redeem issues; compliance escalations handled within 24 hours.
51 Score™
462.08
Product & Service
64.0
Stability & Maturity
43.3
Technology & Innovation
50.0
Enterprise Readiness
27.5
Categorization
Founder
Nick van Eck; Drake Evans; Joe McGrady
Parent Company
Agora
Market category
Stablecoin Issuers
Target Users
Enterprises, Institutions, DeFi protocols, Consumers
Top competitors
USDC; USDT; DAI; PYUSD; FRAX; FDUSD; Ethena
