{"id":2481,"date":"2024-11-11T23:31:49","date_gmt":"2024-11-11T23:31:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2481"},"modified":"2024-11-11T23:31:49","modified_gmt":"2024-11-11T23:31:49","slug":"avalon-labs-launches-btc-backed-stablecoin-usda-to-unlock-bitcoin-liquidity-in-defi-cefi","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2481","title":{"rendered":"Avalon Labs Launches BTC-Backed Stablecoin USDa To Unlock Bitcoin Liquidity In DeFi, CeFi"},"content":{"rendered":"<div>\n<p><strong>Avalon Labs<\/strong> on Monday announced the launch of <strong>USDa<\/strong>, a <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>)-backed stablecoin designed to enable Bitcoin holders to unlock liquidity without selling their holdings.<\/p>\n<p>The stablecoin, built on LayerZero&#8217;s cross-chain technology, aims to position Bitcoin as a source of liquidity within decentralized and centralized financial systems, rather than a passive store of value.<\/p>\n<p>USDa provides Bitcoin holders with the option to collateralize their Bitcoin in exchange for stablecoin liquidity at a fixed borrowing rate of 8%.<\/p>\n<p>This model allows Bitcoin holders to engage in yield-generating activities within &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/%252Favalon-labs-launches-btc-backed-stablecoin-usda-to-unlock-bitcoin-liquidity-in-defi-cefi\" alt=\"Avalon\" labs launches btc-backed stablecoin usda to unlock bitcoin liquidity in defi cefi>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Avalon Labs on Monday announced the launch of USDa, a Bitcoin (CRYPTO: BTC)-backed stablecoin designed to enable Bitcoin holders to unlock liquidity without selling their holdings. The stablecoin, built on LayerZero&#8217;s cross-chain technology, aims to position Bitcoin as a source of liquidity within decentralized and centralized financial systems, rather than a passive store of value. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2481","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2481"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2481\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}