The GENIUS Act for stablecoins passed today. Two predictions: 1. Major banks will launch stablecoins surpassing the float of USDC/USDT (JPMD, Citi) 2. Every FinTech will launch branded stablecoins to capture treasury yield revenue (bullish @withAUSD for white-labeled stables)

I’m thrilled to share that I am joining Agora @withAUSD as Head of Latam alongside some of the best operators in the space. We’re backed by some of the strongest investors in the space and are hot off announcing our $50M Series A led by @paradigm and @dragonfly_xyz.

We are thrilled to announce that Agora has raised a $50 million Series A round, led by @paradigm and with additional participation from @dragonfly_xyz. This milestone enables us to accelerate the development of Agora’s full-stack platform for stablecoin infrastructure, purpose-built to support the next generation of digital finance applications. At Agora, our mission is to transform how money moves. We believe stablecoins will underpin a new financial fabric, one that is faster, more global, and more efficient than today’s siloed systems. That is why we are building AUSD and the Agora stack, a full service platform that makes issuing, managing, and integrating stablecoins seamless – whether you’re a developer, fintech, or institution. With AUSD, stablecoins become programmable, composable, and ubiquitous by default. Over the past year, we’ve shipped the foundational elements for AUSD, including: - Deep and robust onchain liquidity across 13 networks - Native deployments across @arbitrum, @avax, @BNBCHAIN, @Coredao_Org, @ethereum, @Immutable, @injective, @katana, @Mantle_Official, @0xPolygon, @solana, and @SuiNetwork. - Comprehensive integrations with exchanges and onramps - Secure, scalable minting and redemption flows. - Tens of billions in cumulative volume - 50,000+ monthly active addresses Dozens of customers like @nonco_otc, @flowdesk_co, @vaneck_us, @conduitxyz, @katana, @fslweb3, @plumenetwork already rely on Agora to power their stablecoin flows and infrastructure. Announcing White-Labeled Stablecoins for All Alongside our new partnership with Paradigm, we are entering the next chapter of Agora: deepening our connective tissue between both the onchain and fiat infrastructure layers. Today, we are excited to formally announce the launch of our white-labeled stablecoin product – a turnkey solution that enables enterprises and teams to instantly issue their own branded stablecoin in days, not months. No need to manage complex infrastructure, secure banking relationships, liquidity, or build from scratch – Agora handles it all. We were long believers that to truly build a platform you needed to start with building the network. Out of the box, partners get: - Institutional-grade custodians and asset management - Deep onchain liquidity - A robust stablecoin dashboard, analytics, and control - Forward thinking compliance architecture - CEX and DEX integrations - Local FX on and off ramps - Zero fees when minting with USDC/T - You control the rewards Agora’s white-label product empowers businesses to rapidly innovate, bypass traditional product constraints, and deliver customized financial services to their users efficiently and transparently. This significant step not only demonstrates Agora’s ongoing commitment to pioneering programmable digital finance but also positions us at the heart of the future digital economy. Learn more here: Why Now Stablecoins are no longer niche. They’ve become a foundational primitive for the future of finance and capital markets. But most companies still struggle to adopt them due to regulatory hurdles, technical gaps, and fragmented liquidity. Agora exists to change that. With the addition of Paradigm and Dragonfly’s continued support, Agora is building the infrastructure layer that abstracts away the complexity. We aim to foster an ecosystem where creating, managing, and integrating stablecoins becomes seamless so that every fintech, exchange, and enterprise can benefit from having its own stablecoin whether it be AUSD or newUSD – as a product feature, revenue growth lever, and strategic differentiator. Reach out to learn more here:

I was at a dinner last night where a well known person sitting next to me said “it’s not newsworthy anymore that a large corporate is looking at or trialing using stablecoins. Everyone is.” So maybe we are already there and even I was too bearish on the timeline.