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Agora

Agora is a stablecoin issuer whose AUSD product is issued through Agora Bermuda Limited. Agora states that it currently operates in Bermuda with a full license and has filed an application to form Agora National Trust Bank in the United States.

HeadquartersBermuda
CEONick van Eck
StagePrivate
FoundersNick van Eck, Drake Evans, Joe McGrady

Products

AUSD active $173M
AUSD
Fiat Backed

AUSD is Agora's USD stablecoin issued by Agora Bermuda Limited. Agora states that AUSD is minted 1:1 with USD fiat and backed by a reserve fund made up of cash, overnight repo or reverse-repo agreements, and short-term U.S. Treasury securities.

Overview

Agora is a stablecoin issuer whose AUSD product is issued through Agora Bermuda Limited. Agora states that it currently operates in Bermuda with a full license and has filed an application to form Agora National Trust Bank in the United States.

Products

Stablecoins issued by this entity: AUSD.

Regulatory Status

Bermuda
Digital asset business license
licensed2026
United States
National trust bank charter application
GENIUS Act ↗
pending2026

Funding

RoundAmountYear
Seed$12M2024
Series A$50M2025