Stablecoin startup Agora has completed a $50 million Series A funding round, with Paradigm leading the investment.
By: theblockbeats.news|2025/07/10 12:36:57
BlockBeats News, July 10th, according to Fortune magazine, stablecoin startup Agora has completed a $50 million Series A funding round, led by Paradigm.
Reportedly, Agora hopes to use this funding to drive the development of its native stablecoin, AUSD. AUSD is a cryptocurrency pegged to assets such as the US dollar. Agora also provides white-label services, allowing other companies to launch their own branded versions of AUSD, while benefiting from the stablecoin's interoperability and liquidity advantages.
The number of initial jobless claims in the United States for the week ending July 5 was 227,000, while the expected number was 235,000.
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