Stabledash
The listing marks the entry of a new institutionally-backed stablecoin, aiming to increase competition in the digital dollar market.
January 8, 2026

Companies mentioned:
Agora's new dollar-backed stablecoin, AUSD, is now live for trading on Kraken. The launch follows Agora's recent $50M Series A funding round led by venture capital firm Paradigm, signaling a well-capitalized entry into the competitive stablecoin market.
AUSD is a fiat-backed stablecoin fully collateralized by cash, short-date U.S. Treasury bills, and repurchase agreements, designed for trading and payments. The company states there are geographic restrictions for its use.
This listing is part of a broader strategy that also includes availability on other exchanges, aiming to increase AUSD's adoption across global markets. The entrance of a new player with significant institutional backing highlights the ongoing demand for secure, transparent stablecoins and heightens the competitive landscape for existing issuers.
Get ready → https://app.kraken.com/JDNW/AUSD
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