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Angle Protocol launches US dollar stablecoin USDA, planned to be launched in April
2024-03-26 16:03
Odaily News The decentralized stablecoin protocol Angle Protocol announced the launch of the U.S. dollar stablecoin USDA, which will provide stability, yield, liquidity and transparency. The stablecoin will provide the same liquidity as USDC, while combining local savings solutions with lending and Leverage function. By combining USDA and EURA, Angle’s Euro stablecoin, the protocol is paving the way for an efficient and scalable on-chain FX market. It is reported that USDA will be officially launched in April 2024, but USDA and stUSD will not be available for US users.
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