Agora Finance

Agora (agora.finance) is a stablecoin infrastructure provider for financial institutions and businesses. Its two core offerings are AUSD, a fully reserved dollar stablecoin backed 1:1 by short-term US Treasuries, overnight repo, and cash and liquid assets with monthly reserve attestations, and a stablecoin API that lets customers programmatically mint, redeem and transfer stablecoins and currencies. The company states the two products can be adopted separately or together, and cites settlement of transactions on chains including Monad in seconds [0].

The company markets an "open reward model" in which the economics generated by AUSD reserves are shared with partners that build on the stablecoin, rather than retained by the issuer, and advertises no minting or redemption fees. Target users are enumerated on its contact form and include asset managers, banks, chains, custodians, DAOs, dApps, exchanges, lending platforms, liquid funds and trading firms, market makers and OTC desks, payments providers, prime brokers, wallets and vendors [0][1].

Agora publishes a blog covering product updates and stablecoin market commentary. Recent items include a rewards management interface, unified transaction intelligence across fiat and onchain mint/redeem activity, the launch of the Agora API for real-time onchain AUSD data, quarterly AUSD adoption reports, an application for a national trust bank charter with the OCC, and the wind-down of AUSD issuance on the Injective network [3].