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🇺🇸 U.S. USERS, REJOICE You can now earn on $USDT, $USDC, $USDA & $DAI in Trust Wallet: 🔹 Up to 7.2% APY (current rates) 🔹 Deposit or withdraw anytime 🔹 Powered by @MorphoLabs, @Kiln_finance & more! Explore in Earn → Stablecoin Earn: https://short.trustwallet.com/EARN 🧵 https://t.co/zcET3hjIgU
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Cardano founder Charles Hoskinson proposed converting $100M of ADA reserves into Bitcoin and native stablecoins USDM and USDA to strengthen the ecosystem. He dismissed concerns over market impact and said the current 10% stablecoin-to-TVL ratio is “killing Cardano.” Cardano’s total TVL stands at $356M, with only $31M in stablecoins. https://t.co/7euNQ0CYTQ
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YZi Labs has announced an investment in Avalon Labs, a Bitcoin-based on-chain capital markets project offering BTC-collateralized lending, the stablecoin USDa, savings accounts, and credit card services. USDa is currently the second-largest CDP project on DeFiLlama.…
$30,000,000+ of stablecoins are no longer sitting idle. They’re working. Growing. Earning. 🌱 Thanks to Stablecoin Earn, Trust Wallet users are getting rewards on $USDT, $USDC, $DAI, and $USDA — up to 7.3% APY (current rates). Tap “Earn” in Trust Wallet → https://t.co/44UYOkwHYT
Stablecoin Earn is live! Now you can earn yield on $USDT, $USDC, $USDA & $DAI — directly in your wallet. Enjoy up to 7.2% APYs (current rates), across Ethereum, BNB Chain, Base & Arbitrum. https://x.com/TrustWallet/status/1916832914555142363 Quote [@TrustWallet](https://www.twitter.com/TrustWallet/status/1916832914555142363) > Introducing Stablecoin Earn on Trust Wallet. 💸 > > Holding $USDT, $USDC, $DAI, or $USDA? Start earning effortlessly at competitive rates. > > Update your app → “Earn” tab to get started: https://t.co/5gKImpOSsz > > Check out the thread for more details 🧵: https://t.co/MUiNfHHfkA
Introducing Stablecoin Earn on Trust Wallet! 💸 Holding $USDT, $USDC, $DAI, or $USDA? Start earning effortlessly at competitive rates. Update your app → Tap “Earn” to get started: short.trustwallet.com/EARN For more details, check the thread 🧵:
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/…
According to DefiLlama, USDa, the world’s first Bitcoin-backed stablecoin issued by Avalon Labs, has become the world’s second-largest CDP project, second only to MakerDAO’s DAI. The total value locked (TVL) of USDa has exceeded $700 million. USDa supports 1:1 conversion to USDT with a borrowing rate of only 8%. Avalon Labs was the champion of the second round of the BNB Incubation Alliance. usda.avalonfinance.xyz/markets/
Avalon Labs’ USDa, the world’s first Bitcoin-backed overcollateralized stablecoin, has reached a supply of over 100 million, with collateralized Bitcoin assets totaling $200 million. Additionally, Avalon Labs has announced the opening of a $50 million deposit quota, offering participants floating APY ranging from 20% to 50%, plus 3x points rewards. Avalon Labs was the champion of the second round of the BNB Incubation Alliance. usda.avalonfinance.xyz/markets/
Congratulations to @AngleProtocol for launching USDA. The dollar-pegged stablecoin is now accessible on 13 chains through LayerZero. twitter.com/AngleProtocol/… Quote [@AngleProtocol](https://www.twitter.com/AngleProtocol/status/1772641388120699281) > 1/ We are thrilled to introduce USDA, Angle's USD stablecoin! 🇺🇸 > > USDA will offer: > - a Savings solution 💰 > - the same liquidity as USDC 💧 > - anti-depeg mechanisms 🛡️ > - borrow/leverage features 📈 > > Paired with EURA, USDA will boost onchain forex trading! > > All you need to know🧵👇🏼
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