YZi Labs, led by Changpeng Zhao, has strategically invested in Avalon Labs, advancing Bitcoin’s role in decentralized finance. Avalon’s flagship stablecoin, USDa, backed by Bitcoin, enables users to access financial services without selling BTC, currently managing over $500 million in total value locked. The platform combines BTC-backed lending, yield accounts, and credit solutions while pursuing regulatory compliance and institutional partnerships to scale globally. This initiative marks a significant milestone in building a fully regulated Bitcoin-based financial ecosystem.
Continue to read YZi Labs Powers Avalon with $500M TVL to Revolutionize Bitcoin DeFi
YZi Labs, led by Changpeng Zhao, has strategically invested in Avalon Labs, advancing Bitcoin’s role in decentralized finance. Avalon’s flagship stablecoin, USDa, backed by Bitcoin, enables users to access financial services without selling BTC, currently managing over $500 million in total value locked. The platform combines BTC-backed lending, yield accounts, and credit solutions while pursuing regulatory compliance and institutional partnerships to scale globally. This initiative marks a significant milestone in building a fully regulated Bitcoin-based financial ecosystem.
Continue to read YZi Labs Powers Avalon with $500M TVL to Revolutionize Bitcoin DeFi
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