Wu Blockchain (@WuBlockchain): Avalon Labs has recently launched the stablecoin USDa, which enters the stablecoin track by deeply binding with Bitcoin. It has the advantages of fixe…
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Avalon Labs has recently launched the stablecoin USDa, which enters the stablecoin track by deeply binding with Bitcoin. It has the advantages of fixed lending rates, sustainable returns, 1:1 USDT conversion, cross-chain compatibility, etc., but it needs to be improved in terms of market coverage and decentralization. USDa has been deployed on multiple chains and supports minting through FBTC, providing users with new options. Read more: wublockchain.medium.com/avalon-labs-us…