VanEck 将管理新稳定币 Agora Dollar (AUSD) 的储备基金

VanEck 是最近批准的比特币 ETF 的发行人，将监督 Agora Dollar (AUSD) 的储备基金，Agora Dollar 是一种由法定货币支持的新型稳定币，旨在优先考虑客户关注和监管合规性。稳定币市场持续增长，资本总额超过 1500 亿美元，尽管面临来自 Circle 的 USDC 和 Ethena 的 USDe 合成美元等新来者的竞争，但 Tether 仍然占据主导地位。

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

VanEck 将管理新稳定币 Agora Dollar (AUSD) 的储备基金

Introduction

介绍

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 是著名的比特币交易所交易基金 (ETF) 发行人，在监督最近推出的稳定币企业 Agora Dollar (AUSD) 的储备基金方面发挥了关键作用。这一发展标志着稳定币生态系统的一个重要里程碑，增强了这个新兴项目的前景。

Agora Dollar: AUSD's Ambitious Vision

Agora Dollar：AUSD 的雄心勃勃的愿景

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 是一种完全抵押的法币支持的稳定币，致力于通过在合规框架内优先考虑以客户为中心来彻底改变稳定币格局。该公司认为，数字美元应被视为公共产品，其收入将被再投资到生态系统以及推动效用和流动性的领域。

Regulatory Compliance and International Availability

监管合规性和国际可用性

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 非常重视监管合规性，在适用的情况下积极寻求许可证。然而，其服务目前仅限于美国以外的特定市场。该公司已确认其储备基金的现金托管人将是一家世界知名的托管人，以确保最大程度的安全性和透明度。

Robust Reserve Fund Management

稳健的储备基金管理

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.

储备基金资产将以信托方式持有、定期审计并远程防破产。这种多方面的方式保证了澳元美元的稳定性和可靠性，让投资者安心无忧。 VanEck 在 ETF 管理方面的专业知识及其在比特币 ETF 领域的成功记录进一步增强了 Agora Dollar 的可信度。

Growing Stablecoin Market

不断增长的稳定币市场

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 的推出恰逢其时，稳定币市场在 PayPal 等老牌金融机构以及 Aave 和 Ethena 等去中心化金融 (DeFi) 项目的加入推动下经历了上升期。今年迄今为止，稳定币总市值飙升约 15%，达到 1500 亿美元的历史新高。

Tether and USDC Dominate, Newcomers Emerge

Tether 和 USDC 占据主导地位，新来者涌现

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 仍然占据主导地位，控制着超过 69% 的市场份额。尽管最近存在争议，但其增长轨迹并未显示出放缓的迹象，市值徘徊在 1040 亿美元左右。 Circle 的 USDC 经历了显着的复苏，今年第一季度其供应量增长了 22％，达到 327 亿美元，超过了其他主要稳定币发行商。

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.

与此同时，像 Ethena 的 USDe 合成美元这样的新来者由于其有吸引力的收益率模型而获得了巨大的吸引力。稳定币格局的竞争日益激烈，创新和以客户为中心的方法推动了下一阶段的增长。

Conclusion

结论

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 参与 Agora Dollar 项目凸显了稳定币市场日益增长的合法性和成熟度。 AUSD 对监管合规、客户至上的态度和稳健的储备基金管理的承诺为其成功奠定了坚实的基础。随着稳定币生态系统不断发展并吸引主流采用，Agora Dollar 等项目有望在塑造数字金融的未来方面发挥变革性作用。