Provider profile · 2026 edition
Agora (AUSD) review 2026: scores, reserves and alternatives.
Agora issues AUSD from Bermuda and shares reserve income with partners.
WhatsApp and Telegram +44 7563 115980
[email protected]
Agora issues AUSD from Bermuda and shares reserve income with partners.
Agora (AUSD) scores 3.3 out of 5 (66 out of 100) in the Buckingham Intelligence Stablecoin Issuers Index 2026 and ranks 4 of 11. It is strongest for fintechs and platforms wanting fee-free minting and a share of reserve income, and its best criterion is independent assurance at 4 out of 5. Not published or not stated on the pages read: reserves, redemption and published fees.
Scores from the Stablecoin Issuers Index 2026.
No award in the Stablecoin Issuers Index 2026.
| Segment | Score out of 100 | Rank |
|---|---|---|
| For payment and e-money firms | 65 | 5 of 11 |
| For exchanges and brokers | 68 | 4 of 11 |
| For corporate treasuries | 66 | 5 of 11 |
The score out of 5 is the overall score out of 100 divided by 20. Leader goes to the top three overall, Best for to the first in each segment, and Top rated for to a score of 5 out of 5 on a criterion. Awards cannot be bought.
Where it scores best, and where to check closely, as shown in each ranking.
Fintechs and platforms wanting fee-free minting and a share of reserve income.
What Agora (AUSD) publishes on its own pages, read on 26 October 2026.
Agora issues AUSD from Bermuda and shares reserve income with partners. It publishes monthly attestations by Grant Thornton and monthly management reports, lists ten networks and states no minting or redemption fees. Its US national trust charter has preliminary conditional approval only.
| Fact | What the provider publishes |
|---|---|
| Reserves | Agora publishes "monthly management reports on AUSD reserves" on dollar and reserve asset holdings, from July 2024. Custodians not named on the pages read. |
| Independent assurance | "Monthly reports of Agora's reserves provided by third-party accounting firm, Grant Thornton LLP and prepared according to attestation standards established by the American Institute of Certified Public Accountants"; reports listed January to August 2026. |
| Regulatory standing | "AUSD is issued by Agora Bermuda Limited which is regulated and licensed by the Bermuda Monetary Authority", holding "a Class F license to issue, sell or redeem virtual coins". Homepage: "Agora received preliminary conditional approval from the OCC." |
| Redemption | "Programmatically mint, redeem, and transfer stablecoins" through Agora's API. No redemption time or minimum published. |
| Published fees | Homepage: "Move between AUSD and currencies with no minting or redemption fees." No fee page. |
| Currencies and networks | Mainnet deployments: Arbitrum, Avalanche C-chain, Base, Ethereum, Immutable, Katana, Mantle, Monad, Polygon PoS and Solana. One currency: US dollar. |
| Date read | 26 October 2026 |
A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.
Facts read on 26 October 2026 from: agora.finance, docs.agora.finance/developer/transparency, docs.agora.finance/developer/….
Each score with the evidence behind it.
Each criterion is scored 0 to 5 against the best published offer in the Stablecoin Issuers Index. 0 means not offered or not published. How it is scored
The other providers in the same ranking, ordered by score.
| Provider | Score out of 5 | Rank | Strongest for |
|---|---|---|---|
| Circle (USDC and EURC) | 4.3 | 1 of 11 | Payment firms and exchanges needing the widest licensing and network coverage |
| Paxos (USDG, USDP and PYUSD) | 3.6 | 2 of 11 | Payment firms wanting free redemption and a Big Four attestation |
| Tether (USDT) | 3.5 | 3 of 11 | Exchanges and large traders needing the most widely held dollar stablecoin |
| Gemini (GUSD) | 3.1 | 5 of 11 | Firms already on Gemini wanting fee-free conversion and named reserve banks |
| StraitsX (XSGD, XUSD and XIDR) | 2.8 | 6 of 11 | Payment firms in Southeast Asia needing a Singapore dollar stablecoin |
| Quantoz (EURQ and USDQ) | 2.7 | 7 of 11 | European firms wanting free direct redemption without an existing account |
| Societe Generale-Forge (EURCV and USDCV) | 2.5 | 8 of 11 | European banks and institutions wanting a bank-group issuer with daily reserve disclosure |
| AllUnity (EURAU, CHFAU, SEKAU and USDAU) | 2.4 | 9 of 11 | European corporates wanting a no-code mint account and several currencies |
| Ripple (RLUSD) | 2.4 | 10 of 11 | Banks and brokers wanting a New York trust issuer |
| Monerium (EURe and GBPe) | 1.9 | 11 of 11 | Fintechs and wallets needing euro tokens linked to a named IBAN |
Side by side on every criterion, fact and award.
Tell us what you need and where you operate.