Name: USDa
SKU: USDA
Price: 0.998559 USD

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CORE

USDA

Avalon Finance's USDa stablecoin debuts on Core blockchain, offering 15% yields, 8% borrowing rates, and robust Bitcoin-based DeFi solutions.

Avalon Finance Launches USDa on Core Blockchain

Bitcoin-backed stablecoin USDa currently ranks second among the largest CDP projects, trailing only behind MakerDAO’s DAI. The stablecoin issued by Avalon Labs has a total value locked (TVL) of $729 million and a borrow-supply ratio of 48%.

Bitcoin-backed USDa becomes the world’s second-largest CDP project, behind MakerDAO’s DAI

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WAVES

USDa is one of the world’s first Bitcoin-backed stablecoin in contrast to leading stablecoins such as USDT and USDC. Avalon Labs made waves in the industry when it first issued USDa. And, the stablecoin is now creating waves in the ongoing bull market with its TVL record.  As per the

Bitcoin-Backed USDa Becomes Second-Largest CDP Project With $700M TVL

The post USDa Emerges as the Second-Largest CDP Project Globally appeared first on Coinpedia Fintech News

USDa Price

USDa Price Chart (USDA)

Avalon Finance Launches USDa on Core Blockchain

Bitcoin-backed USDa becomes the world’s second-largest CDP project, behind MakerDAO’s DAI

Bitcoin-Backed USDa Becomes Second-Largest CDP Project With $700M TVL

USDa Emerges as the Second-Largest CDP Project Globally