Agora raises $50 million in Series A funding to boost its stablecoin platform.

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Agora has completed a Series A funding round of 50 million USD led by Paradigm, bringing the total capital raised to approximately 62 million USD. This investment reflects the increasing demand for stablecoin infrastructure as businesses seek to integrate digital dollar currencies without the need to build complex systems. Agora also launched a white label stablecoin product, allowing businesses to issue branded stablecoins in a matter of days. This platform provides institutional-grade custody services and deep liquidity, enabling companies to easily access the market. Agora has built infrastructure across 13 blockchain networks and focuses on creating programmable stablecoins. Agora's profit-sharing model is distinct from traditional issuers, incentivizing the adoption of the platform.

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