A new kind of enterprise is building on Agora: telecom operators.
Iris just launched with a $43M commitment from Balesia Group, and VIVA, a licensed mobile operator with 25+ years in Bolivia and a growing footprint in Mexico, is the first carrier live on the network. 2M+ users.
This isn't a single-use integration either. VIVA is using Agora-powered infrastructure for stablecoin issuance and wallet operations for the telecom teams.
"The broader bet is that carriers can capture more of the economics generated by infrastructure they have spent decades building. Telecom operators bring something financial apps often spend heavily trying to build: customers, verified identities and distribution.
That can be particularly powerful in emerging markets."
Enterprises are now coming to Agora to build their platforms, we are a one stop shop for enterprise stablecoin adoption. Many enterprises have not interacted with stablecoins before and Agora provides a regulated, seamless experience for minting/redeeming and sending/receiving funds in our platform.
Iris' debut is a signal of where the market is growing: beyond fintechs and crypto-native companies, but operators with real infrastructure, real customers, and real balance sheets looking for new revenue models.
You'll see Jules on stage with the Viva and Rakuten team today. A preview of the next partner? A lot more coming here, this is just Day 0!!