VanEck 將管理新穩定幣 Agora Dollar (AUSD) 的儲備基金

VanEck 是最近批准的比特幣 ETF 的發行人，將監督 Agora Dollar (AUSD) 的儲備基金，Agora Dollar 是法定貨幣支持的新型穩定幣，旨在優先考慮客戶關注和監管合規性。穩定幣市場持續成長，資本總額超過 1500 億美元，儘管面臨來自 Circle 的 USDC 和 Ethena 的 USDe 合成美元等新來者的競爭，但 Tether 仍然佔據主導地位。

VanEck to Manage Reserve Fund for New Stablecoin Agora Dollar (AUSD)

VanEck 將管理新穩定幣 Agora Dollar (AUSD) 的儲備基金

Introduction

介紹

VanEck, the prominent Bitcoin exchange-traded fund (ETF) issuer, has taken on a pivotal role in overseeing the reserve fund for a recently launched stablecoin venture known as Agora Dollar (AUSD). This development marks a significant milestone in the stablecoin ecosystem, bolstering the prospects of the nascent project.

VanEck 是著名的比特幣交易所交易基金 (ETF) 發行人，在監督最近推出的穩定幣企業 Agora Dollar (AUSD) 的儲備基金方面發揮了關鍵作用。這一發展標誌著穩定幣生態系統的一個重要里程碑，增強了這個新興項目的前景。

Agora Dollar: AUSD's Ambitious Vision

Agora Dollar：AUSD 的雄心勃勃的願景

AUSD is a fully collateralized fiat-backed stablecoin that aspires to revolutionize the stablecoin landscape by prioritizing customer-centricity within a compliant framework. The company believes that digital dollars should be regarded as public goods, with revenue being reinvested into the ecosystem and those driving utility and liquidity.

AUSD 是一種完全抵押的法幣支持的穩定幣，致力於透過在合規框架內優先考慮以客戶為中心來徹底改變穩定幣格局。該公司認為，數位美元應被視為公共產品，其收入將再投資到生態系統以及推動效用和流動性的領域。

Regulatory Compliance and International Availability

監理合規性和國際可用性

Agora Dollar places a strong emphasis on regulatory compliance, actively pursuing licenses where applicable. However, its services are currently restricted to select markets outside the United States. The company has confirmed that the cash custodian for its reserve fund will be a world-renowned custodian, ensuring the utmost security and transparency.

Agora Dollar 非常重視監管合規性，在適用的情況下積極尋求許可證。然而，其服務目前僅限於美國以外的特定市場。該公司已確認其儲備基金的現金託管人將是一家世界知名的託管人，以確保最大程度的安全性和透明度。

Robust Reserve Fund Management

穩健的儲備基金管理

The reserve fund assets will be held in trust, regularly audited, and remotely bankrupt-proofed. This multifaceted approach guarantees the stability and reliability of AUSD, providing investors with peace of mind. VanEck's expertise in ETF management and its track record of success in the Bitcoin ETF space further enhance the credibility of Agora Dollar.

儲備基金資產將以信託方式持有、定期審計並遠端防破產。這種多方面的方式保證了澳元美元的穩定性和可靠性，讓投資者安心無憂。 VanEck 在 ETF 管理方面的專業知識及其在比特幣 ETF 領域的成功記錄進一步增強了 Agora Dollar 的可信度。

Growing Stablecoin Market

不斷成長的穩定幣市場

The launch of AUSD comes at an opportune moment as the stablecoin market experiences an upswing, fueled by the entry of established financial institutions like PayPal and decentralized finance (DeFi) projects like Aave and Ethena. The total market capitalization of stablecoins has surged by approximately 15% year-to-date, reaching a record high of $150 billion.

AUSD 的推出恰逢其時，穩定幣市場在 PayPal 等老牌金融機構以及 Aave 和 Ethena 等去中心化金融 (DeFi) 項目的加入推動下經歷了上升期。今年迄今為止，穩定幣總市值飆升約 15%，達到 1,500 億美元的歷史新高。

Tether and USDC Dominate, Newcomers Emerge

Tether 和 USDC 佔據主導地位，新來者湧現

Tether's USDT remains the dominant force, controlling over 69% of market share. Despite recent controversies, its growth trajectory shows no signs of slowing down, with its market capitalization hovering around $104 billion. Circle's USDC has experienced a notable resurgence, with its supply expanding by 22% to $32.7 billion in the first quarter of this year, surpassing other major stablecoin issuers.

Tether 的 USDT 仍然佔據主導地位，控制著超過 69% 的市場份額。儘管最近存在爭議，但其成長軌跡並未顯示出放緩的跡象，市值徘徊在 1,040 億美元左右。 Circle 的 USDC 經歷了顯著的復甦，今年第一季其供應量增長了 22％，達到 327 億美元，超過了其他主要穩定幣發行商。

Meanwhile, newcomers like Ethena's USDe synthetic dollar have gained significant traction due to their attractive yield models. The stablecoin landscape is becoming increasingly competitive, with innovation and customer-centric approaches driving the next phase of growth.

與此同時，像 Ethena 的 USDe 合成美元這樣的新來者由於其有吸引力的收益率模型而獲得了巨大的吸引力。穩定幣格局的競爭日益激烈，創新和以客戶為中心的方法推動了下一階段的成長。

Conclusion

結論

VanEck's involvement in the Agora Dollar project underscores the growing legitimacy and maturation of the stablecoin market. AUSD's commitment to regulatory compliance, customer-first approach, and robust reserve fund management establishes a strong foundation for its success. As the stablecoin ecosystem continues to evolve and attract mainstream adoption, projects like Agora Dollar are poised to play a transformative role in shaping the future of digital finance.

VanEck 參與 Agora Dollar 計畫凸顯了穩定幣市場日益增長的合法性和成熟度。 AUSD 對監管合規、客戶至上的態度和穩健的儲備基金管理的承諾為其成功奠定了堅實的基礎。隨著穩定幣生態系統不斷發展並吸引主流採用，Agora Dollar 等計畫有望在塑造數位金融的未來方面發揮變革性作用。