Profile
AUSD profile facts
Agora Dollar (AUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
- Collateral
- Cash, short-term U.S. Treasury securities, overnight Treasury repos and a disclosed stablecoin basket; reserve assets include Agora Bermuda Limited's interest in the Delaware limited partnership Agora Reserve Fund LP and directly held cash and stablecoins, held through its Bermuda segregated account
- Peg mechanism
- USD-denominated fiat-backed token; direct mint and redemption require a verified Agora customer. Reserve assets are held through Agora Bermuda Limited's segregated account under Bermuda's Segregated Accounts Companies Act; redemption timing, delays and possible in-kind settlement are governed by the issuer's terms
- Jurisdiction
- Bermuda / BMA / DABA License
- Proof of reserves
- Independent Attestation by Grant Thornton LLP Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
AUSD quick answers
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What is Agora Dollar (AUSD)?
AUSD is Agora's centralized dollar stablecoin, redeemable 1:1 and backed by cash, short-dated U.S. Treasury bills, and overnight repos managed by VanEck. The static profile records its US Dollar peg mechanism as: USD-denominated fiat-backed token; direct mint and redemption require a verified Agora customer.
Is AUSD safe?
As of Oct 24, 2026, Pharos grades AUSD B+ (75/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs AUSD?
Pharos records AUSD's reserves as of Aug 31, 2026 as 46% Overnight U.S. Treasury repurchase agreements held in the Agora Reserve Fund, 30.4% Short-dated U.S. Treasury securities held in the Agora Reserve Fund, 20% Cash held by Agora Bermuda Limited at regulated financial institutions, and 2 smaller holdings. Reserve evidence: Independent Attestation by Grant Thornton LLP, latest period ending Aug 31, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can AUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for AUSD, when applicable, appear in the live dossier on this page.
How do you redeem AUSD?
Under the route Pharos reviewed on Mar 23, 2026, customers the issuer has verified can redeem AUSD for a single stable asset, such as cash or a stablecoin. Settlement is same-day. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
