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Agora brings to Sui an exceptional blend of technology, financial markets, and operations experience paired with blue-chip traditional finance partners and backers.
The token will need to compete with stablecoins from Tether and Circle, which already secure about 90% of the market.
The stablecoin currently has a market cap of $190 million.
The stablecoin currently has a market cap of $190 million.
Agora, co-founded by Jan Van Eck’s son Nick Van Eck, has successfully raised $12 million in a seed funding round led by Dragonfly to launch a new stablecoin.…