On Friday, Agora received preliminary conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank. Upon receiving final approval, the trust bank will operate under OCC oversight.
Be the metal, or lose.
Every time you outsource a piece of the stack, you hand third-parties leverage over your capabilities. A lot of the stablecoin market today is resellers, each re-arranging the same building blocks slightly differently. The same handful of on/off-ramps and issuance providers, wrapped and rebranded, with no real economic or product differentiation underneath. Agora built the full stack: the stablecoin, on/off ramps, ledger, and licenses.
As AI removes barriers to building and orchestration, Agora is ready to serve clients with a single entry point to power the modern banking stack while also exposing the core primitives which will enable the next wave of businesses and applications.
A single financial operating system to build and run your business on.
Stablecoins, banking, wallets, software workflows, and the operator tools to run all of it, in one place, under one regulated entity. Enterprises shouldn’t have to assemble a collection of vendors who don’t talk to each other in order to incorporate stablecoins into their business. Agora is the financial operating system for the next generation of global business: digital dollars with the operational simplicity of a bank account, faster and more capable.
The greatest opportunities lie where systems are broken. Moving money is no exception.