Angle Protocol launches USD stablecoin USDA
2024-03-26 16:08:08
The decentralized stablecoin protocol, Angle Protocol, announced the launch of the USD stablecoin USDA, which will provide stability, returns, liquidity, and transparency. The stablecoin will provide the same liquidity as USDC, while combining local savings solutions with lending and leverage functions. By combining USDA and EURA (Angle's Euro stablecoin), this agreement is paving the way for an efficient and scalable on chain foreign exchange market. It is reported that USDA will be officially launched in April 2024, but USDA and stUSD will not be applicable to US users.
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