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https://www.gate.com/announcements/article/45974
What is Avalon? AVL and the Leading Bitcoin-Backed Stablecoin Ecosystem
Fiat-backed stablecoins like USDT and USDC dominate the market, but Avalon is pioneering the next possible evolution—Bitcoin-backed stablecoins. USDa, Avalon’s flagship stablecoin, is fully collateralized by Bitcoin, providing a decentralized, bank-independent alternative with deep liquidity and institutional-grade stability.