News with the tag "Agora"

Agora's AUSD is the latest entrant into the burgeoning stablecoin market.

Having travelled extensively through many emerging markets, Nick van Eck, the CEO and co-founder of stablecoin issuer Agora, is keenly aware of the problems that currency debasement and a lack of sound financial systems can create for citizens of these countries. With AUSD, Agora’s flagship stableco...

TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions.

AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges.

Economic sanctions have a profound effect on international financial architecture, it turns out.

South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience stores in a central bank digital currency (CBDC) trial. Starting in December, 100,000 participants will be part of this test. Retail partnerships and global ...

New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders such as China and the European nations pushing for...

Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective is to design a system combining public and private money to enhance cross-border settl...

Agora, a stablecoin company that recently raised $12 million in its Series A funding round led by Dragonfly, has announced that it will launch its AUSD token natively on Sui. The company aims to produce a better stablecoin focusing on emerging markets, and sharing the revenue obtained with partners ...

Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck.