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Agora Selects Wormhole as Core Interoperability Solution for AUSD Stablecoin

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Agora will leverage Wormhole NTT (native token transfers) to unite AUSD stablecoin liquidity across all blockchains

NEW YORK, Oct. 9, 2024 /PRNewswire/ — Agora, the Dragonfly-backed startup aimed at building an open, inclusive stablecoin network, today announced the selection of Wormhole as a core interoperability provider for their AUSD stablecoin. Currently live on Ethereum, Avalanche, and Sui with over $65M in total value locked (TVL), AUSD is a centralized, credibly neutral stablecoin expanding to all major blockchains. By leveraging Wormhole’s multichain capabilities and secure infrastructure that caters to the development of institutional-grade stablecoins, the integration will unify liquidity across chains and increase AUSD access and transferability. 

Through this collaboration, Agora furthers its mission of developing an open, more inclusive model for participants in stablecoin networks. Agora manages AUSD, a digital dollar minted 1:1 with USD fiat. AUSD is designed to be a secure digital currency, utilizing one of the world’s largest custodian banks to safeguard assets. With Wormhole’s NTT framework Agora can cut liquidity fragmentation by preserving the intrinsic properties of tokens on different chains. Leveraging NTT not only unites the Agora ecosystem but also enhances transparency while reducing transaction fees and other costs. Additionally, NTT enables AUSD to easily expand to additional blockchains, with Solana coming in the near future.

As the provider of one of the fastest-growing stablecoins, “Agora’s selection of Wormhole as an interoperability solution is driven by the knowledge that early multichain support will improve user experience and support our rapid expansion to other ecosystems. This integration reduces barriers standing in the way of accessing, transferring, and using AUSD,” said Nick van Eck, CEO and co-founder.

Agora is the latest project to choose Wormhole as a core interoperability solution following the announcement of Wormhole’s latest Era3 Upgrade, which introduced major user experience, speed, and cost reduction improvements to the platform. Most recently, Securitize announced a core partnership with Wormhole to add multichain functionality to their tokenized treasury bills, including BlackRock’s currently $500 million BUIDL fund.

Robinson Burkey, co-founder and CCO of Wormhole Foundation, added: “Agora’s mission to expand access to the US dollar is one that Wormhole Foundation is proud to support. Through Wormhole NTT, Agora customers will benefit from access to more users and liquidity across all major blockchain networks. This partnership reflects our ongoing efforts to increase institutional adoption of digital assets and improve user trust in transacting onchain.”

About Agora 
Agora manages AUSD, a digital dollar minted 1:1 with USD fiat. AUSD is designed to be a secure digital currency, utilizing one of the world’s largest custodian banks to safeguard assets. AUSD enables users to participate in trading, lending and payments. It is the most cost-efficient stablecoin to transact with due to its gas-optimized smart contract, making it ideal for traders and payments. Additionally, Agora offers a forward-thinking payment and operations platform.

About Wormhole
Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 30 leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more.

The wider Wormhole network is trusted and used by teams like Circle and Uniswap. To date, the platform has facilitated the transfer of over 45 billion dollars through over 1 billion cross-chain messages.

About Wormhole Foundation
The Wormhole Foundation is the steward of Wormhole—the world’s first generalized messaging protocol. Our mission is to empower passionate people in researching and developing blockchain interoperability technologies. Through grants, research, and ecosystem programs, we seek to enable teams to build secure, open-source, and decentralized products within the Wormhole ecosystem.

Media Contact
M Group Strategic Communications (On behalf of Wormhole Foundation)
wormhole@mgroupsc.com

View original content:https://www.prnewswire.com/news-releases/agora-selects-wormhole-as-core-interoperability-solution-for-ausd-stablecoin-302272031.html

SOURCE Wormhole Foundation

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Arf Earns Third Consecutive PAY360 Award for Pioneering Innovation in Global Payments

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ZUG, Switzerland, Oct. 10, 2024 /PRNewswire/ — Arf, a leading global liquidity platform for licensed financial institutions, has been honored with a Silver at the 2024 PAY360 Awards for the “Best Use of Digital Currencies/Assets in Financial Services” category.

Organized on October 2nd in London by The Payment Association, the PAY360 Awards celebrate companies that push technological boundaries in the payments industry. Arf’s Silver Award highlights its pioneering efforts to leverage blockchain technology and digital assets to create real-time, on-chain liquidity solutions, driving efficiency and transparency in cross-border payments.

This award reflects Arf’s mission to solve global liquidity challenges with compliant, scalable solutions and empower financial institutions with instant and secure access to liquidity. Earlier this year, Arf merged with Huma Finance, integrating its liquidity solutions into Huma’s PayFi network. This merger has accelerated growth, with Arf’s on-chain liquidity volume surpassing $2 billion and loan volume exceeding $1 billion, further expanding its impact in transforming the global payments landscape.

Ali Erhat Nalbant, Co-founder & CEO of Arf, expressed his contentment with the following statements:

“This award highlights Arf’s role in addressing the limitations of traditional fiat systems with our blockchain-powered liquidity solutions. Where fiat struggles with speed and transparency, Arf’s on-chain liquidity provides instant, real-time settlements that empower financial institutions to operate globally without the inefficiencies of legacy systems. Our vision is to bridge the gap between digital assets and traditional finance, creating a seamless, more inclusive financial ecosystem for institutions across the world.”

The 17th PAY360 Awards, hosted by The Payment Association, honor excellence in categories such as Best Consumer Payments Programme, Best Lending Initiative, and Best Open Banking Initiative. This is Arf’s 3rd consecutive award at the PAY360 Awards. Two years ago, Arf won a Silver Award in the “Best Use of Crypto and/or Blockchain in Financial Services” category, and last year, Arf won in the “Best Lending Initiative” category. This year’s recognition further solidifies Arf’s reputation as a leader in leveraging digital assets to tackle complex financial challenges and drive innovation in cross-border payments.

About Arf

Arf, a regulated financial institution based in Switzerland, is a global transaction services platform that provides scalable on-chain settlement liquidity for global payments.

 

 

View original content:https://www.prnewswire.com/apac/news-releases/arf-earns-third-consecutive-pay360-award-for-pioneering-innovation-in-global-payments-302271735.html

SOURCE Arf

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New Waters Discovery Core Rheometer Brings the Power of Rheology to Routine Quality Control Testing

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News Summary:

Easy-to-use, compact analyzer makes rheological insights more accessible to quality testing laboratories and material production facilities in batteries, pharmaceuticals, food, consumer goods, and other industries.Powered by RheoGuide™ Software, a streamlined, modern touchscreen user interface with built-in self-guided methods, workflows, and training applications to simplify rheological testing for all users.Superior analytical performance at an affordable price, with up to 2x better torque sensitivityi of comparable rheometers on the market.

DETROIT, Oct. 10, 2024 /PRNewswire/ — The Battery Show — Waters Corporation (NYSE:WAT) today introduced the TA Instruments™ Discovery Core Rheometer, a streamlined, modern rheometer designed for routine manufacturing quality control and assurance laboratories. The new analyzer can handle multiple material types such as battery slurries, printing inks, food, and personal care products and it features an easy-to-use touchscreen interface with self-guided training, methods, and applications for all levels of rheology users.

The Discovery™ Core Rheometer expands the company’s industry-leading rheology portfolio, providing superior performance at an affordable price over commercial viscometers and other similarly appointed rheometers, delivering up to 2x lower torque sensitivity. The compact instrument requires half the bench space of comparable modular rheometersii and owes its smaller size to the use of self-contained temperature control and electronics.

“Waters has long been a leader in high-performance rheometers, delivering superior results that inspire better decision-making. With the Discovery Core Rheometer, we’re making world-class rheological testing available to a wider number of testing labs that screen products for consistent behavior and quality,” said Jianqing Bennett, Waters Corporation Senior Vice President of the TA Instruments Division. “Designed specifically for at/in-line manufacturing quality control testing, this streamlined, modern rheometer will allow better assessment of battery electrode slurry batch performance, helping to improve overall battery outcomes while reducing waste and production costs.”

“Rheology profiling delivers a wealth of material insights beyond viscosity measurements. Rheology’s dynamic, oscillatory measurements and controlled stress profiling approaches are becoming mainstream as their value to formulators, process developers, and quality controllers becomes more apparent,” said Neil Cunningham, Founder and CEO, Centre for Industrial Rheology. “The Discovery Core Rheometer serves a significant unmet need in the marketplace for a high-performance rheometer in an accessible package, bringing the benefits of rheology and viscosity measurements to a whole new audience.”

The instrument comes equipped with the new RheoGuide™ Software user interface (UI), designed for immediate walk-up use. This UI provides self-guided training applications and pre-defined methods coupled with on-screen alerts and indicators for easier sample set-up, faster, real-time data analysis, and improved operator safety. The Discovery Core Rheometer shares methods and raw data file formats with other Discovery Hybrid Rheometers through TA Instruments TRIOS™ Software, enabling consistent measurements and data review from R&D to production.

The Discovery Core Rheometer is orderable today, with worldwide availability in Q1 2025.

Additional Resources

Learn more https://www.tainstruments.com/discovery-core-rheometerVisit us at Booth 6639 at The Battery Show Oct. 7-10, 2024, in DetroitFollow and connect with the Waters TA Instruments Division via LinkedIn, Twitter/X, and Facebook

About Waters Corporation (www.waters.com)

Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, food, and environmental sciences for more than 65 years. With approximately 7,500 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, and with products available in more than 100 countries.

TA Instruments, Discovery, TRIOS, and RheoGuide are trademarks of Waters Technologies Corporation.

Contact:

Laura Borland
Director, TA Instruments Business Communications
Waters Corporation
laura_borland@waters.com
+1.302.367.6958

i Discovery Core Rheometer has a minimum torque in oscillation (viscoelasticity) of 0.5 microN.m and a minimum torque in flow (viscosity) of 0.5 microN.m.

ii Includes industry-leading viscometers and rheometers with temperature control capabilities requiring liquid circulation.

 

View original content:https://www.prnewswire.com/apac/news-releases/new-waters-discovery-core-rheometer-brings-the-power-of-rheology-to-routine-quality-control-testing-302271730.html

SOURCE Waters Corporation

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Ricoh Recognised as a Leader in Print Security by Quocirca for 2024

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TOKYO, Oct. 10, 2024 /PRNewswire/ — Ricoh has once again been named a leader in the print security market, according to the latest Print Security Landscape 2024 report from Quocirca, a leading market research and insight firm. The report highlights Ricoh’s commitment to providing comprehensive, security-focused solutions to safeguard customers against the evolving threat landscape.

As more organisations shift to hybrid working models, the need for enhanced print security has become increasingly critical. Quocirca’s research shows that 67% of organisations experienced a data loss due to insecure printing practices in the past year. Against this backdrop, Ricoh’s robust portfolio of secure print services and solutions, including the flagship IM C Series A3 multifunction printers, are instrumental in protecting the data of businesses of all sizes, further solidifying Ricoh’s position as an industry leader.

Proactive Security for the Modern Workplace

Ricoh’s recognition by Quocirca reflects its proactive approach to security, integrating hardware, software, and services into a comprehensive defence strategy. As hybrid working blurs the boundaries of traditional office environments, Ricoh’s solutions address the complexities of securing both office and remote location printing environments.

“Ricoh is dedicated to helping organisations safeguard their data and infrastructure,” said Kei Uesugi, Managing Director of Ricoh Asia-Pacific. “Being named a leader in print security by Quocirca once again underscores our commitment to ensuring that businesses can operate securely, wherever their people are working.”

Key Strengths That Set Ricoh Apart

The Print Security Landscape 2024 report highlights several key strengths of Ricoh’s security offerings, including its multi-layered approach to print and document management security. Ricoh’s portfolio addresses critical areas such as device and data security, compliance with global standards, and zero-trust architecture.

Presence in approximately 200 countries and territories around the world.Significant and comprehensive security-led offerings across the hardware and solutions portfolio.Mature IT services provide a depth of security understanding.

Tailored Solutions for a Changing Landscape

With cyber risks on the rise, Ricoh has developed secure print services to meet the diverse needs of its global customer base.

The report specifically highlights Ricoh’s Cloudstream and Streamline NX print management solutions for features such as automatic updates, advanced monitoring and reporting, policy enforcement, and remediation.

Read an Excerpt of the Report:
Quocirca Print Security Landscape 2024 Excerpt

-Ends-

| About Ricoh |

Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support the digital transformation of workplaces, workspaces and optimise business performance.

Headquartered in Tokyo, Ricoh’s global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organisational capabilities nurtured over its 85-year history. In the financial year ended March 2024, Ricoh Group had worldwide sales of 2,348 billion yen (approx. 15.5 billion USD).

It is Ricoh’s mission and vision to empower individuals to find ‘Fulfillment through Work’ by understanding and transforming how people work so we can unleash their potential and creativity to realise a sustainable future.

For further information, please visit www.ricoh.com

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© 2024 RICOH ASIA PACIFIC PTE LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.

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SOURCE Ricoh Asia Pacific Pte Ltd

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