ChainCatcher message, Agora has announced the native deployment of its stablecoin AUSD on Avalanche, and AUSD is now available in DApps such as Trader Joe, BENQI, Trensi, and Pharaoh.Agora has previously launched AUSD on Ethereum, Arbitrum, Optimism, and Sui. AUSD is a stablecoin pegged 1:1 to the US dollar.

ChainCatcher message, OKX Web3 now supports AUSD. Users can conduct single-chain and cross-chain transactions of AUSD through the DEX aggregator of the OKX Web3 wallet.It is reported that AUSD is a digital dollar stablecoin minted 1:1 with the US dollar fiat currency, managed by Agora. Due to its optimized smart contracts, AUSD is the most cost-efficient stablecoin in transactions, enabling users to participate in various DeFi activities such as trading, lending, and payments. The OKX Web3 wallet is an industry-leading one-stop Web3 gateway, now supporting over 100+ public chains and providing a unified experience across app, plugin, and web platforms.

ChainCatcher news reports that, according to crypto-fundraising data, the stablecoin startup Agora has received investment from the Ethereum Layer 2 solution Linea, with the specific amount not yet disclosed.According to the Web3 asset data platform RootData, Agora announced in April this year that it completed a $12 million seed round financing, led by Dragonfly, with participation from General Catalyst and Robot Ventures. Agora will issue a stablecoin backed by cash, U.S. Treasury bonds, and overnight repurchase agreements.

ChainCatcher news, the encrypted voting service platform Agora announced the completion of a $5 million seed round financing, led by Haun Ventures, with participation from Coinbase Ventures, Seed Club Ventures, and Consensys Ventures.Agora aims to create a new governance software standard for protocols, helping them organize their voting systems more efficiently. Uniswap, Optimism, and Nouns are among its early clients.

ChainCatcher news, according to Bloomberg, stablecoin startup Agora has completed a $12 million seed round financing, led by Dragonfly, with participation from General Catalyst and Robot Ventures. Agora will issue a stablecoin backed by cash, U.S. Treasury bonds, and overnight repurchase agreements. Kyle DaCruz, Director of Digital Asset Products at VanEck, stated that VanEck will manage Agora's reserve fund. Agora plans to sign revenue-sharing contracts with partners.It is reported that Agora was co-founded by Nick Van Eck, son of investment management veteran Jan Van Eck, along with cryptocurrency experts Drake Evans and Joe McGrady.

ChainCatcher message, Optimism has launched a new governance portal, Optimism Agora, to transition to fully on-chain voting and serve as a representative registry. From now on, all Token House votes will be conducted on-chain through the governance portal, with a test vote currently implemented, ending on February 16, before the Bedrock protocol upgrade. (Source link)

ChainCatcher news, according to Seeking Alpha, Ecoark Holdings' Bitcoin mining subsidiary Agora Digital has scrapped its plans for a $127 million initial public offering.It was reported that Agora first filed for the IPO in November 2021, aiming to raise $100 million, which was later increased to $127 million. In August 2022, Agora announced plans to merge with blockchain technology company HUMBL, but canceled the plan a month later. (Source link)