Stablecoin startup Agora has completed a $50 million Series A funding round, led by Paradigm.

According to Mars Finance, the stablecoin startup Agora has announced the completion of a $50 million Series A funding round, led by Paradigm. The company completed a $12 million seed round last year. After this funding, Agora aims to create its own stablecoin AUSD, a Crypto Asset pegged to the US dollar and other underlying assets. (Fortune)

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