Bitcoin News: BTC-backed Stablecoin Surpasses 200M Supply in 2 Weeks

Bitcoin news of the newly launched Bitcoin-backed stablecoin USDa by Avalon Labs has rapidly gained traction in the market. It has amassed a supply of over 200 Million within just two weeks of its release. Positioned as the world’s first overcollateralized stablecoin backed by Bitcoin, USDa is now ranked as the third-largest CDP (collateralized debt […] The post Bitcoin News: BTC-backed... source: https://www.thecoinrepublic.com/2024/11/26/bitcoin-news-btc-backed-stablecoin-surpasses-200m-supply-in-2-weeks/