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Wu Blockchain (@WuBlockchain): Avalon Labs has completed a $10 million Series A financing round, led by Framework Ventures. Avalon Labs aims to develop the Bitcoin-backed stablecoin…

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Avalon Labs has completed a $10 million Series A financing round, led by Framework Ventures. Avalon Labs aims to develop the Bitcoin-backed stablecoin USDa and its Bitcoin DeFi ecosystem. The current TVL of USDa is $700 million. coindesk.com/business/2024/…

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