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Avalon Labs total lock-up amount exceeds 800 million US dollars, and will launch the first BTC income stablecoin USDa
BlockBeats news, on October 18th, BTCFi protocol Avalon Labs announced that its total locked amount has exceeded 800 million US dollars, with a loan amount of over 270 million US dollars. At the same time, Avalon Labs is about to launch the first interest-bearing Stable Coin USDa based on BTC. Currently, Avalon Labs has been deployed on ten public chains.